Which of the following is not true about joint products? O Sometimes it is desirable that the company have joint products with constant or equal gross margin percentages. O There is no market value attached to some products at the split-off point. O The net realizable value of a product is the ultimate net sales value that is estimated at the split-off point. O All joint products can be sold at the split-off point. O An important decision for mixagement to make in regard to separable costs is whether the company should incur the separable costs and process the product further. Question 9 2 pts Which one of the following is defined, at any given sales volume, as the ratio of the total contribution margin to operating profit at that sales volume? O Contribution margin ratio. O Margin of safety ratio (MOS%). O Degree of operating leverage (DOL). O Breakeven point. O Margin of safety (MOS). The breakeven point is: The sales volume at which the total contribution margin exceeds total variable costs. The sales volume at which revenues equal variable cost and profit is zero. O The sales volume at which revenues equal total cost plus an operating profit of zero. The sales volume at which revenues equal fixed cost and profit is zero. The point at which revenues meet the budget target