Only a single line, which represents the difference between total sales revenues and total costs, is plotted on the cost-volume-profit chart.

Question

Quizplus · Accepted Answer

A cost-volume-profit (CVP) chart typically includes multiple lines representing various elements such as total sales revenue, total fixed costs, total variable costs, and the total cost line, which is the sum of fixed and variable costs, not just a single line.

Only a Single Line, Which Represents the Difference Between Total