In order to estimate the profit that will be at various levels of sales, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. The statement is false.
Profit is total revenue less total cost. Breakeven point is the number of units produced and sold at which net income would be zero. Above the breakeven point, there would be profit and below this point, there would be losses.
The contribution margin is the price per unit less the variable cost per unit. Contribution margin doesn't account for fixed cost which must be used to determine profit.
To learn more about profit, please check: https://brainly.com/question/26181966
