Company Z, due to market demands, increased the annual pay of all salaried employees by 10%. If all else stays the same, then the total cost line on the cost-volume-profit graph will:

Multiple Choice

shift upward, and the break-even point will shift downward.

shift upward, and the break-even point will also shift upward.

shift upward and have a steeper slope, and the break-even point will also shift upward.

shift upward and have a flatter slope, and the break-even point will be unchanged.