Question Completion Status: QUESTION 2 In a process costing system, manufacturing overhead cost is also called conversion cost. True OFalse QUESTION 3 Job-order costing would be more likely to be used than process costing in situations where many different products or services are produced each period to customer specifications. True OFalse QUESTION 4 If the contribution margin is not sufficient to cover fixed expenses O total profit equals total expenses. O a loss occurs O variable expenses equal contribution margin. QUESTION 5 If a company increases its selling price by $2 per unit due to an increase in its variable labor cost of $2 per unit, the break-even point in units will O not change O change but direction cannot be determined. Click Save and Submit to save and submit. Click Save All Ansvers to save all answers Save Al