Questions: On a CVP chart, on either side of the break-even point, the vertical distance between the total sales line and the total cost line represents: total loss to the right of the intersection total profit to the left of the intersection total profit to the right of the intersection total loss to the left of the intersection

The answer is the third one: total profit to the right of the intersection.

Explanation for each option:

1. Total loss to the right of the intersection: This is incorrect. To the right of the break-even point, the total sales line is above the total cost line, indicating that sales exceed costs, resulting in a profit, not a loss.

2. Total profit to the left of the intersection: This is incorrect. To the left of the break-even point, the total cost line is above the total sales line, indicating that costs exceed sales, resulting in a loss, not a profit.

3. Total profit to the right of the intersection: This is correct. On a CVP (Cost-Volume-Profit) chart, to the right of the break-even point, the total sales line is above the total cost line, indicating that sales exceed costs, resulting in a profit.

4. Total loss to the left of the intersection: This is incorrect. While it correctly identifies that there is a loss to the left of the break-even point, it does not describe the vertical distance between the lines. The vertical distance represents the amount of loss, but the statement is not about the distance itself.

In summary, on a CVP chart, the vertical distance between the total sales line and the total cost line to the right of the break-even point represents the total profit.