In a Cost-Volume-Profit Graph the Break-Even Point Will Be Found

question 9

Multiple Choice

In a cost-volume-profit graph the break-even point will be found:

• A) where the total income line crosses the fixed costs line.
• B) at the point where total income equals total fixed costs.
• C) at the point where total income equals total fixed plus total variable costs.
• D) where the predetermined overhead rate equals the contribution margin rate.

---

Definitions:

Employment Discrimination

Unfair treatment of employees based on race, gender, age, religion, nationality, disability, or sexual orientation, rather than job performance or qualifications.

Service Industry

A sector of the economy that provides intangible products, such as healthcare, entertainment, retail, and financial services, instead of physical goods.

Wage Rate

The amount of compensation a worker receives per unit of time (e.g., per hour or year) for their labor.

Real Minimum Wage

The lowest legal hourly wage, adjusted for inflation, that employers can pay their workers.