At the break-even point: 12 Multiple Choice 8.75 points Sales would be equal to total costs. 02:41:57 Sales would be equal to fixed costs. Both sales would be equal to total costs and contribution margin would be equal to total fixed costs are correct. Contribution margin would be equal to total fixed costs. TF Qu. 3-95 On a cost-volume-profit graph, the total revenue... 13 On a cost-volume-profit graph, the total revenue line lies below the total cost line to the left of the break-even point. 8.75 points True or False 02:41:28 True False 1 TF Qu. 1-85 Upstream costs are classified as product costs... Upstream costs are classified as product costs and downstream costs are classified as period costs for financial reporting purposes. 8.75 points True or Folse 02:41:13 True False