Interpreting a C-V-P Graph Look at the given C-V-P graph. Which one of the following sets of labels correctly labels items A, B, and C in the C-V-P graph?

a. A: Total cost line; B: Fixed costs; C: Break-even point

b. A: Revenue line; B: Variable costs; C: Fixed costs

c. A: Fixed cost line; B: Break-even point; C: Fixed costs

d. A: Revenue line; B: Break-even point; C: Fixed costs

e. A: Total cost line; B: Break-even point; C: Fixed costs

Transcribed Image Text:

Sales $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 B 0 100 200 300 400 500 600 700 800 900 1,000 1,100 1,200 Number sold