28. The cost of production report reports the costs charged to production and the costs allocated to finished goods and work in process a. True b. False 29. Even if a business sells six products, it is possible to estimate the break-even point. a. True b. False 30. If fixed costs are $500,000 and variable costs are 60% of break-even sales, profit is so when sales revenue is $930,000 a. True b. False 31. All costs of the processes in a process costing system ultimately pass through the cost of goods sold account. a. True b. False