Cost Volume Graph (CVP) - Test

Complete the following CVP (Cost-Volume-Profit-Graph).

Use Excel and attach your file below.

The Meredith Company plans to sell product T for $10 per unit. Variable cost are $6 per unit, and fixed costs are $100,000 per year. Prepare a Cost-Volume-Profit (CVP) graph. Identify: Horizontal line (Units), Vertical line ($) , Total Sales, Total costs, fixed cost, break-even point, area of profit, area of loss.