On a CVP graph, the intersection of the sales revenue line and the variable expense line is considered to be

Name: On a CVP graph, the intersection of the sales revenue line and the variable expense line is considered to be
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

The intersection of the sales revenue line and the variable expense line on a CVP (Cost-Volume-Profit) graph is known as the break-even point, as it is where the company's total revenue is equal to its total expenses, and the company is not making a profit or incurring losses.

On a CVP Graph, the Intersection of the Sales Revenue