Question: please answer both questions 1. When a company's total contribution margin is $135,000 at the break even point, its fixed costs are not greater than

1. When a company's total contribution margin is $135,000 at the break even point, its fixed costs are not greater than $135,000. A) True B) False 9. X Company sold a product last year that had a $5.00 unit contribution margin. A significant change in the company's production technology has caused a 10% increase in annual fixed costs but a 20% decrease in unit variable costs. Assuming there was no change in the product's $10.00 selling price, what is the company's new contribution margin ratio? A. 60% B. 50% C. 40% D. None of the above are correct
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