Question: Select the correct statement concerning the cost-volume-profit graph below: A. Line E is the total cost line. B. At point B, profits equal total costs.

Select the correct statement concerning the cost-volume-profit graph below:

A. Line E is the total cost line.
B.
At point B, profits equal total costs.
C. The point identified by "B" is the break-even point.
D. Line F is the variable cost line.

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