Which of the following explains how to prepare a profit graph? Multiple Choice Compute the total...

Which of the following explains how to prepare a profit graph?

Multiple Choice

Compute the total variable expenses at two different sales volumes, plot the points, and then connect them with a straight line.
Compute the contribution margin ratio at two different sales volumes, plot the points, and then connect them with a straight line.
Compute the profit at two different sales volumes, plot the points, and then connect them with a straight line.
Compute the contribution margin at two different sales volumes, plot the points, and then connect them with a straight line.

Expert Solution

Answer is Compute the profit at two different sales volume, plot the points and then connect them with a straight line.

Explanation:

The profit graph is prepared by plotting the points of profits at various sales volumes and then the conncetion shall be made between the points through straight line.

ekkarill92 answered 2 years ago

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