and a line for 1) A cost-volume-profit graph has a line for A) revenues: variable costs only B) revenues; fixed costs only C) revenues; total costs D) net profit; net loss 2) The break-even point on the cost-volume-profit graph is where the A) total cost line intersects the net profit line B) total cost line intersects the net loss line C) revenue line intersects the total cost line D) revenue line intersects the variable cost line 3) If a company faces declining sales over time, it must restructure its costs to break-even at a lower volume. In order to carry this out, what costs can be reduced? A) variable costs only B) fixed costs only C) variable and fixed costs D) step costs only 4) The horizontal axis on the cost-volume-profit graph is the A) dollars of cost B) sales volume in units C) dollars of revenue D) net income 5) The vertical axis on the cost-volume-profit graph is the A) dollars of net profit B) sales volume in units C) margin of safety D) dollars of cost and revenue