QUESTION 21 A company had total sales of $250,000 and variable expenses totaling $130,000. If the company is operating at the break-even point, what were its total fixed expenses? 1.$130,000 2.$380,000 3.$120,000 4.$250,000 QUESTION 22 The sales budget often includes a schedule of expected cash collections. True False QUESTION 23 Advertising a product would be considered a: unit level activity batch level activity product level activity customer level activity