l Sprint * 9:48 AM 96% Close BUS2102 Homework Assign... 1 DOCX -13 KB Break Even Point is the level of sales where the Total Revenues are the same as the Total Costs, True Question 2: Break Even Point is calculated by the dividing the Sales with the Contribution Margin. True Question 3: Calculate the Contribution Margin from the information below: Raw Material Labor Costs Variable Overheads 1,500 Sales Revenue Fixed Overheads $3,000 False False S1,000 S1,500 S5,000 Adams Company sells a product for S14. Total fixed overhead is $44,000 per year, and total fixed selling and administrative expenses are $47,280. Unit costs are as follows: Direct materials Direct labor Variable overhead Variable selling expenses S1.00 uestion4: Calculate the Contribution Margin, both per unit and as a percentage of sales. Question 5: Calculate Break Even point. $3.90 S1.40 $2.10 Email