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Which of the following statements related to CVP chart is not true? O a. The slope of the total cost line determines the variable cost
Which of the following statements related to CVP chart is not true? O a. The slope of the total cost line determines the variable cost per unit. O b. None of the given answers. Oc. The intercept between the total cost line on a graph and the y-axis determines the fixed cost. O d. To determine the variable cost per unit from a graph, the change in units is divided by the change in cost. O e. The high-low method is a way to estimate the cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. Of. To calculate the total fixed cost from a graph is by multiplying a level of volume by the variable cost per unit found out earlier and subtracting that from the total cost for that level of volume
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