Which of the following is CORRECT? Select one: a In absorption costing, the breakeven point is gross margin divided by net sales. b iaohfacturing margin euals gross margin and variable costing nes income equals absorption costing net income In absorption costing. the breakeven point in dolars is goss margin divided by the contribution margin ratio od. Companies that use variable costing usually report largerfinished goods inventory values than companies thar use absorption costing evous page Next page wlous activity 5