Exhibit 21-7 Use the cost-volume-profit graph below to answer the following question(s).

-Refer to Exhibit 21-7. Point G on the cost-volume-profit graph represents the:

Question

Exhibit 21-7 Use the cost-volume-profit graph below to answer the following question(s).

-Refer to Exhibit 21-7. Point G on the cost-volume-profit graph represents the:

Quizplus · Accepted Answer

Point G is located on the break-even point where total revenue equals total cost, indicating the level of sales needed to cover all costs and achieve zero profit. Therefore, the correct choice is C, break-even sales level. Choices A, B, and D are incorrect because they indicate a level of profit or loss, which is not the case at Point G.

Exhibit 21-7 Use the Cost-Volume-Profit Graph Below to Answer the Following