Data extracted from the accounting information system of Turner Corporation produced the following graph. The equation of the dashed line is y = $25x; the equation of the solid line is y = $200 + $5x. The vertical ("y") axis shows:
A) Dollars
B) Units
C) Contribution margin
D) Total profit

Question

Data extracted from the accounting information system of Turner Corporation produced the following graph. The equation of the dashed line is y = $25x; the equation of the solid line is y = $200 + $5x.  The vertical ("y") axis shows:
A) Dollars 
B) Units 
C) Contribution margin 
D) Total profit

Quizplus · Accepted Answer

The vertical axis is labeled in dollars, indicating that it represents the monetary value of some aspect of Turner Corporation's accounting information system.

Data Extracted from the Accounting Information System of Turner Corporation