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only need the last question. this question was reposted. 16. The fact that the CVP graph's turquoise line intersects the Y-axis (the vertical axis) at
only need the last question. this question was reposted.
16. The fact that the CVP graph's turquoise line intersects the Y-axis (the vertical axis) at $80,000 and then slants upward as the sales volume increases indicates which of the following statements is true? The total expense is a mixed cost that equals $8.25 when the sales volume is 1 unit. The total expense is purely a fixed expense that increases as the sales volume increases. The total expense is a mixed cost that includes a fixed component and a variable component. The total expense is purely a variable expense that increases as the soles volume increases. Ic. Which of the following statements is true with respect to the intersection of the red and blue lines? It represents the company's break-even point, or that point where profits equal zero. it represents the sales volume where the company's total sales equal its total fixed expense. It represents the sales volume where the company's total sales equal its total variable expense. It represents the sales volume where the company's total sales equal its total expense Step by Step Solution
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