If a cost is classified as fixed or variable depends on how it behaves along with the relevant range. Select one: O True O False France Corporation is planning to sell 250,000 units of a new product (called baguette) for $1.60 each. If the contribution margin ratio of the product is 25%, what is its estimated total fixed cost? Select one: $200,000 O a. O b. $100,000 Oc. $50,000 O d. $300,000 O e. $125,000 In your reading and video submission, there was a discussion on the break-even graph, specifically the break-even point. What happens when the break-even point is reached? Select one: O a. Variable expenses will remain constant in total. O b. The contribution margin ratio begins to decrease. Oc. Operating income will increase by the unit contribution margin for each additional item sold. O d. There are no changes. O e. The total contribution margin changes from negative to positive. Mexico Company currently sells a product (called Sunshine). Because of poor weather, the company had an operating loss of ($35,000) based on revenues of $100,000, total variable costs of $75,000, and total fixed costs of $60,000. With improved weather, calculated the total dollar value of revenues that must be sold for Mexico Company to achieve an operating income equal to 10% of sales. Select one: O a. $500,000 O b. $400,000 O c. $450,000 O d. $300,000 O e. $350,000