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Accounting

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Question 1 Not yet answered Marked out of 6.00 Flag question Questionl Cost-Volume-Profit (CPV) Graph: (CLO # 3) Use the following graph to answer the related questions: Cost-Volume-Pro Graph $100,000 80,000 H 60,000 40,000 D 20,000 1,000 2.000 3.000 0 4.000 5.000 5.000 Units Instructions: D 20,000 0 1.000 2600 3.000 4.000 3.000 5 000 Uhr Instructions: For the above CPV graph, state the correct letter/letters which represent each of the following points: 1.The line which represents the total revenue; would be shown on the graph by the letter: 2.The line which represents the fixed cost; would be shown on the graph by the letter: 3.The line which represents the total cost; would be shown on the graph by the letter: 4.Assume that the firm whose cost structure is depicted in the figure expects to produce a profit for the upcoming accounting period. The profit would be shown on the graph by the letter: 5.Assume that the firm whose cost structure is depicted in the figure expects to produce a loss for the upcoming accounting period. The loss would be shown on the graph by the letter: 6.The break-even point would be shown as the point of crossing two lines on the graph by the letters: Paragraph B

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