2.12. Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs are $300,000, and net income is $200,000. What should be reported as variable expenses in the CVP income statement? A. $700,000 B.$900,000 C.$500,000 D. $1,000,000 2.13. The break-even point can be: A. Computed only from a mathematical B. Computed only by using contribution equation margin C. Derived only from a cost-volume-profit D. All of the options are correct graph 2.14. Direct materials inventories are kept in pounds in Byrd Company, and the total pounds of direct materials needed for production is 9,500. If the beginning inventory is 1,000 pounds and the desired ending inventory is 2,200 pounds, the total pounds to be purchased is: A.9,400 B. 9,500 C. 9,700 D. 10.700 2.15. In a responsibility report for a profit center, controllable margin is: 2/4 Full name: Student ID: .... A. sales less variable costs B. Sales less controllable fixed costs. C. Contribution margin less controllable fixed D. Contribution margin less noncontrollable costs. fixed costs