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Question 3 Which of the following statements about determining the breakeven point is false? O a. Target Income is equal to zero. Ob. Contribution margin

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Question 3 Which of the following statements about determining the breakeven point is false? O a. Target Income is equal to zero. Ob. Contribution margin less fixed costs is equal to zero. O c. Revenues equal fixed costs plus variable costs. O d. Breakeven revenues equal fixed costs divided by the variable cost per unit. O e. All of the statements are true. Saints Corporation has the following costs associated with December, its first month of operations Fixed overhead costs Fixed selling costs Variable unit production costs Variable unit selling costs Amount $258,000 $89,000 $85 $5 Number of units produced 12.000 During the month, the Saints had 5.600 units unsold of variable costing is used the amount of cost of goods sold would be (do not round Intermediate calculations)

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