Example 4.1: The following graph illustrates the CVP chart for a company that sells a single product with the following data: SP/unit = $100/unit, VC/unit = $30, and total FC per period = $700. Total Revenues (TR) = TR = SP/unit # of Units sold $100 * (X) = Total Costs (TC) = FC + TC = $700 + 2,500 2,000 1,500 1,000 FC 700 Loss 500 (VC/unit * # of Units sold) $30 * (X) Total revenues Profit Break-even Total costs B Total variable costs C Total fixed costs 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Required: 1. 2. Find the points A, B, and C Calculate the Net Income (Loss) at (i) 14 units and (ii) 4 units