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28. CVP Graphic Presentation (5 points) Volume Identify each of the following profit equation components on the graph above and/or explain how to find them:

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28. CVP Graphic Presentation (5 points) Volume Identify each of the following profit equation components on the graph above and/or explain how to find them: a. The total cost line b. The total revenue line c. Variable cost per unit d. Fixed costs e. The break-even point 29. The Boyceville Machining Company provided you with the following information for the fiscal year ended December 31. Beginning Finished Goods $90,000 Ending Finished Goods 100,000 Beginning Raw Materials 125,000 Ending Raw Materials 72,500 Cost of Goods Manufactured 227,000 Required: Compute the cost of goods sold during the year. (8 points)

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