Question 7 (1 point) The Vedder Co. manufactures and sells one product called Hippie Juice sold in 12 ounce biodegrada boxes. During the year, the company sold 100,000 units. Additional information includes: . Fixed Cost $36,000 Total Sales Revenue $300,000 Total Variable Costs $180,000 (60% of sales) If 50,000 units are sold the company will earn a profit. 1) True. 2) False