A graph of unit volume and cost data is called a:Multiple ChoiceBreak-even diagram.Scatter diagram.Least-squares diagram.Step-wise diagram.Composite diagram.

The break-even point in a cost-volume-profit graph is always found:Multiple Choiceat 50% of full capacity.at the sales volume resulting in the lowest average unit cost.at the volume at which total revenue equals total variable costs.at the volume at which total revenue equals total fixed costs plus total variable costs.

A line on a scatter diagram to show the relation between cost and unit volume is the:Multiple ChoiceEstimated line of cost behavior.Margin of safety line.Break-even line.Standard cost line.Contribution margin line.

Multiple Choice QuestionWhen preparing a scatter diagram, the estimated line of cost behavior is drawn on a scatter diagram to show the relation between:Multiple choice question.cost and unit volumevariable and fixed costslowest and highest point of activityfixed cost and unit volume

When graphing cost-volume-profit data on a CVP chart:Multiple ChoiceBoth profit and costs are plotted on the horizontal axis.Profit is plotted on the vertical axis; costs on the horizontal axis.Units are plotted on the horizontal axis; costs on the vertical axis.Both units and cost are plotted on the vertical axis.Data points always represent expected future points.

A graph is a kind of a chart where data are plotted as variables across the coordinate. *2 pointsTrueFalse