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please solve this in 15minutes A company has fixed costs of RM1,500 and contribution margin per unit of RM5. Which of the following statement is

please solve this in 15minutes

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A company has fixed costs of RM1,500 and contribution margin per unit of RM5. Which of the following statement is (are) TRUE? 1. Each unit contributes RM5 toward covering the fixed costs of RM1,500. Il. The situation described is not possible and there must be an error. Ill. Once the break-even point is reached, the company will make money at the rate of RM5 per unit. IV. The break-even can be calculated from the given scenario. Select one: O A. I and III. O B. I and II. O C. 1, Ill and IV. D . I, II and Ill. The following statements are consistent with the purpose of financial reporting EXCEPT: Select one: O A . To prepare information relating to the value of business liquidation. B. To prepare information about the value of cash flow prospect. O C. To prepare information relating to the planning, obligation and changes related to resources. O D. To prepare information for investment decisions

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