A company has fixed costs of $800 and a per-unit contribution margin of $3. Which of the following statements is true? Multiple Choice 44 15 Each unit "contributes $3 toward covering the fixed costs of $800. The situation described is not possible and there must be an error Once the break-even point is reached, the compamny will increase income at the rate of $3 per unit. The firm will definitely lose money in this situation. Each unit "contributes $3 toward covering the fixed costs of $800 and Once the break-even point is reached, the company will increase income at the rate of $3 per unit