1. On a breakeven graph, the breakeven point is the point where the:

A. Sales revenue and total cost lines intersect

B. Sales revenue and variable cost lines intersect

C. Total cost line intersects the vertical axis

D. Sales revenue and fixed cost lines intersect

2. In a CVP analysis concerning two or more departments, one needs to know the sales revenue mix, or ratio of sales revenue, for each department.

A. True

B. False

3. In a multi-department CVP analysis, the combined contribution margin percentage is a figure weighted by the sales revenue mix.

A. True

B. False