In the graph method of CVP analysis:Group of answer choicesthe total revenue line starts at the origin and the total costs line starts at the fixed intercept on the vertical axis.Both total cost and total revenue lines starts at the fixed intercept on the vertical axis.the total costs line starts at the origin and the total revenue line starts at the fixed intercept on the vertical axisthe breakeven point is at the fixed intercept on the vertical axis

The intersection point of the total cost and revenue lines represent in breakeven analysis shows Maximum profit Breakeven point Fixed cost  Variable cost

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.

How are variable costs represented graphically?Group of answer choicesstarting at a given point and having a downward sloping line as activity increasesstarting at zero and having an upward sloping line as activity increasesthe intersection of the total costs and total revenue linesa horizontal line, staying the same irrespective of the level of activity

Fill in the Blank QuestionFill in the blank question.CVP analysis looks at how _ is affected by sales price per unit, variable costs per unit, volume, and fixed costs.

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.