Questions 1. Name and describe four cost behavior patterns. 2. Describe two methods of determining the fixed and variable components of mixed costs. 3. What is meant by the term break-even point? 4. What are two ways in which the break-even point can be expressed? 5. What is the relevant range? 6. What is the formula for calculating the break-even point in sales revenue? 7. What formula is used to solve for the break-even point in units? 8. How can the break-even formula be altered to calculate the number of units that must be sold to achieve a desired level of income? 9. Why might a business wish to lower its break-even point? How would it go about lowering the break-even point? 10. What effect would you expect the mechanization and automation of production processes to have on the break-even point