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Use the following information for questions 5 to 8: Gene Co. and Odik Co. sell the same product in a competitive industry. Thus, the selling

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Use the following information for questions 5 to 8: Gene Co. and Odik Co. sell the same product in a competitive industry. Thus, the selling price of the product for each company is the same. Other data about two companies are as follows: Gene Odik Fixed costs 50,000 70.000 Contribution margin ratio 40% 52% 5. The companies break even points are: Gone Odik a. P 125,000 P 134,615.38 125,000 units 134.615.38 units C. P 20,000 P 36,400 20.000 units 36,400 units 6. The indifference point in terms of peso sales volume where the peso profits of the two companies are equal is a. 125.000.00 c. 160.606.67 b. 134.615.38 d. 129,807.69 7. At the indifference point, the companies' profit amounts to: a. zero C. 86.660.67 b. 666.666.67 d. 16.666.67 8. Once the indifference point in peso sales is exceeded: a. Gene's peso profit potential would be lesser than that of Odik. b. Gene's peso profit potential would be greater than that of Odik. c. Gene's peso profit potential would be equal to that of Odik d. The two companies would not have any peso profit potential

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