On a CVP graph,the horizontal line intersecting the vertical y-axis at the level of total cost represents:

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The horizontal line intersecting the vertical y-axis at the level of total cost represents total fixed costs on a CVP graph. This is because fixed costs remain constant regardless of the level of production or sales. The total cost line slopes upward from this point indicating the increase in total cost as production increases due to variable costs. The breakeven point is the point at which total revenue equals total cost, which is located where the total revenue line crosses the total cost line on the graph.

On a CVP Graph,the Horizontal Line Intersecting the Vertical Y-Axis