The break$-$even point

is the point at which total sales equals total contribution margin.

is the point at which total sales equal total variable costs.

is the point at which total sales equal total fixed costs.

is the point at which total revenue equals total fixed costs plus total variable costs.

The following information is available for completed Job No$.402$: Direct materials, $$76000$; direct labour, $$129000$; manufacturing overhead applied, $$63000$; units produced, $4000$ units; units sold, $3100$ units. The cost of the finished goods on hand from this job is

$$60300.$

$$207700.$

$$53000.$

$$268000.$