1. Home-Style Cookies wants to evaluate the potential profitability of the new retail shop Fixed costs of 50 200 per month indude payroll and equpmennture capital expense rentan utilities are covered by the production plann, and average vanable costs (ncludes packaging) of 70 cents per unt sold Each item is sold to customers at a price that everages 52 For costing purposes, the mult packs are counted as individual cookies a What volume per month is required in order to break even? What prodt (or loss) would be realised on the forecasted monthly volume for August of 8,778 cookies (uns? For September at 10.540 cookies (units/ c What volume is needed to obtain a profit of $10.000 per month d. What volume is needed to provide a revenge of $23.000 per mont? e Plot the total cost and total revenue lines on a graph 1. Home-Style Cookies wants to evaluate the potential profitability of the new retail shop. Fixed costs of $9,200 per month include payroll and equipment/furniture capital expense (rent and utilities are covered by the production plant), and average variable costs (includes packaging) of 70 cents per unit sold. Each item is sold to customers at a price that averages $2. For costing purposes, the multi-packs are counted as individual cookies. a. What volume per month is required in order to break even? b. What profit (or loss) would be realized on the forecasted monthly volume for August of 8,778 cookies (units)? For September at 10,540 cookies (units)? c. What volume is needed to obtain a profit of $16,000 per month? d. What volume is needed to provide a revenue of $23,000 per month? e. Plot the total cost and total revenue lines on a graph