Go Figure Company sells small calculators for $12 each. This year, Go Figure’s fixed cost totals $110,000. The variable cost per calculator is $8.

Required: (1) Compute the break-even point in number of calculators.

(2) Compute the number of calculators required to earn a profit of $70,000.

(3) If the total fixed cost increases to $150,000 next year,

(a) what will Go Figure’s break-even point be in number of calculators?

(b) what profit (or loss) will Go Figure have if it sells 30,000 calculators?

(c) how many calculators will Go Figure have to sell to earn a profit of

$70,000?