The ‘y’ axis in the break even chart represents

[amp_mcq option1=”Volume of sales in units” option2=”Value of sales in rupees” option3=”Cost and sales in rupees” option4=”Value of production in rupees” correct=”option2″]

The correct answer is: B. Value of sales in rupees

A break-even chart is a graph that shows the relationship between costs and revenue. The break-even point is the point at which the total revenue equals the total costs. The y-axis of a break-even chart represents the value of sales in rupees. The x-axis represents the volume of sales in units.

Option A is incorrect because the y-axis represents the value of sales in rupees, not the volume of sales in units.

Option C is incorrect because the y-axis represents the value of sales in rupees, not the cost and sales in rupees.

Option D is incorrect because the y-axis represents the value of sales in rupees, not the value of production in rupees.