1. Gateway Appliance toasters sell for $20 per unit, and the variable cost to produce them is $15. Gateway estimates that the fixed costs are $80,000.

a. Compute the break-even point in units.

b. Fill in the table below (in dollars) to illustrate the break-even point has been achieved.

Sales ------------------
- Fixed costs ------------------
- Total variable costs ------------------
Net profit (loss) ------------------