1) Selling price per unit Is $60, variable cost per unit is $30 and fixed cost per unit is $20. When this company operates above the break-even point, the sale of one more unit will increase net incomes by $10

a) True

b) False

2) A company with sales of $100,000, the variable cost of $70,000 and fixed cost of $50,000 will reach its break-even point if sales are increased by $20,000

a) True

b) False