Cost-volume-profit analysis can be used to determine the sales dollars or units required to achieve a specific target profit. Which statement is false?A. The formula provided in class is the sole method for calculating the sales revenue needed to reach a target profit.B. Once the required number of units to reach a target profit is determined, multiplying by the unit sales price will result in the necessary sales revenue.C. To find the units needed for a target profit, compute the breakeven point in units and adjust the formula by adding the target profit to fixed expenses.D. To compute the sales dollars needed for a target profit, calculate the breakeven sales in dollars and adjust the formula by adding the target profit to fixed expenses.

A. The formula provided in class is the sole method for calculating the sales revenue needed to reach a target profit.

Cost-volume-profit (CVP) analysis offers various methods to determine the sales dollars or units required to achieve a specific target profit. It's not limited to a single formula. While there are standard formulas and calculations often taught in classes, other methods or adjustments based on business specifics might also be utilized.

The other statements (B, C, and D) provide accurate approaches within CVP analysis:

B. Once the required number of units to reach a target profit is determined, multiplying by the unit sales price will result in the necessary sales revenue. This statement is accurate. If you find the required units to achieve a target profit, multiplying these units by the unit sales price will give the total sales revenue needed.

C. To find the units needed for a target profit, compute the breakeven point in units and adjust the formula by adding the target profit to fixed expenses. This statement is accurate. By adjusting the breakeven formula to incorporate the target profit, you can determine the units needed to achieve that profit level.

D. To compute the sales dollars needed for a target profit, calculate the breakeven sales in dollars and adjust the formula by adding the target profit to fixed expenses. This statement is accurate. Adjusting the breakeven sales formula to incorporate the target profit allows the calculation of the sales dollars required to achieve the desired profit level.

Hence, statement A is false, as there are multiple methods or adjustments that can be employed within CVP analysis to determine the sales revenue needed to reach a target profit.