22. At the break-even point, which of the following occurs? A. Total revenue equals total expenses. Total variable expenses equal total fixed expenses Total profit equals total expenses. C. D. Total variable expenses equal total contribution margin. Martin Enterprises provides the following information about its single product Targeted operating income 0,830 elling price per unit Variable cost per unit $6.5 $4.25 $94,070 Total fixed cost How many units must be sold to earn the targeted operating income? ?. 14.362 B. 22,122 C. 40,900 D. 63,000 24. Consider the following statements I. The margin of safety is the "cushion," or drop in sales, a company can absorb I. If all other factors are constant, any decrease in fixed costs will decrease the without incurring a loss. breakeven point. Which of the above statements are true? A. B. C. D. statement I only statement II only both statements neither statement When the weighted-average method of process costing is used, a department's equivalent units are computed by 25. subtracting the equivalent units in beginning inventory from the equivalent units in ending inventory. A. from the equivalent units for work performed during the period. C. adding the units transferred out to the equivalent units in ending inventory. D. adding the units in ending inventory to the equivalent units transferred out