QUESTION 29 The accounting records of Georgia Company revealed the following costs: direct materials used, $250,000; direct labor, $425,000; manufacturing overhead, $375,000; and selling and administrative expenses, $220,000. Georgia's product costs total: $1,050,000. $830,000. $895,000. $1,270,000. QUESTION 30 The break-even point is that level of activity where: total revenue equals total cost. variable cost equals fixed cost. total contribution margin equals the sum of variable cost plus fixed cost. sales revenue equals total variable cost. O profit is greater than zero