Pharoah Cupcakes Co. is selling cupcakes for $8 for a box of four. Pharoah has fixed costs equaling $84000 per year, and its accounta has calculated the contribution margin ratio on each box of donuts to be 70%. Based on this information, which of the following statements is correct? O The monthly break-even point is 1313 boxes sold. O The monthly break-even point is 1188 boxes sold. O Operating profit will be $700 if 1375 boxes are sold next month. O Operating profit will be $950 if 1375 boxes are sold next month