$11.$ When interpreting a CVP graph, which of the following is NOT correct?

a$.$ The breakeven point is where the total revenue line meets the fixed cost line.

b$.$ The anticipated profit or loss at any given level of sales is measured by the vertical distance between the total revenue line and the total expense line.

c$.$ The total revenue line starts at the origin.

d$.$ When sales are below the breakeven intersection, the company incurs a loss