A cost-volume-profit (CVP) chart is a graph that plots number of units produced on the horizontal axis and dollars of costs and sales on the vertical axis.

Question

Quizplus · Accepted Answer

A CVP chart displays the relationship between the volume of production, costs, and sales revenue. The x-axis represents the volume of production or sales, while the y-axis represents the costs and revenue amounts.

A Cost-Volume-Profit (CVP) Chart Is a Graph That Plots Number