Question 3 Choose the item that most accurately and completely describes TOTAL variable cost on a CVP graph. The slope of the total cost line. The distance between the revenue line and the total cost line. The distance between the fixed cost line and the total cost line. The distance between the breakeven point and the fixed cost line. Only the variable cost per unit is represented on a CVP graph. D Question 4 Choose the item that most accurately and completely describes a margin of safety. The range of sales volume that will generate a profit. The excess of actual profit over breakeven profit. The excess of actual revenue over breakeven revenue. The profit area of a CPV graph. The excess of sell price over variable cost per unit. 3 pts 3 pts