The variable cost ratio Oa. expresses variable costs as a percentage of total costs. Ob. expresses the proportion of sales dollars available to cover fixed costs and provide for a profit. Oc. expresses the proportion between fixed costs and variable costs. Od. expresses variable cost in terms of sales dollars. Standard costing Oa. establishes price and quantity standards for inputs. Ob, is not used in unit costing. Oc. provides journal entry support. Od. None of these choices are correct. engagenow.com/ilm/take Assignment/takeAssignment The point of zero profit is called the: Oa. break-even point. Ob. profit-volume point. Oc. target-profit point. Od. contribution-margin point. Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 45 percent and total fixed costs of $6,875. What is the break-even point in sales dollars for Bicult Company O.. 12.750 Oh. 512.00 Oc. 13.125 Od 16.875 Price standards are the responsibility of Oa. purchasing Ob. personnel. Oc. accounting Od. All of these choices are correct. Biscuit Company sells its product for $50. In addition, it has a variable cout ratio of 45 percent and total fixed costs of $6,875. What is the break-even point in units for Biscuit Company Os 37 units Ob. 2.400 Oc. 250 units Od. 3.600 Which of the following formulas is used to calculate break-even point in units? Oa. Break-even point in units = Sales / Fixed costs Ob. Break-even point in units - Total costs / Unit contribution margin Oc. Break-even point in units - Total fixed costs/(Price - Unit variable cost) Od. Break-even point in units - Sales / Unit variable cost