TRUE OR FALSE

1. Cost-volume-profit analysis involves calculating the Break Even Point.

2. The Break-Even Point can be expressed in sales dollars or units.

3. The contribution margin per unit is the amount each unit sold contributes to covering fixed costs.

4. The Break-Even Point is projected sales minus break even sales.

5. Businesses that have large investments in facilities and equipment generally have a cost structure with high fixed costs and high profits.