Question 11 Vanguard'scurrent Income statement shows the following Sales $500,000 Cost of goods sold Variable costs $200,000 Fixed costs 100,000 Gross profit Selling and administrative expenses Variable costs 50,000 300,000 200,000 Fixed costs 100,000 150.000 Net income $50,000 What is Vanguard's break-even point in sales dollars? o $450,000 o $400,000 $333,333 $375.000 Question 12 1 pts Red Line Company uses the cost-plus pricing method. The following per unit information is available for one of its new products: Desired ROI $ 120 Fixed cost 100 Variable cost 300 Red Line Company's markup percentage would be O 30% 120% O 60% 40%