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14,7 The Warren Watch Company sells watches for $28, fixed costs are $155,000, and variable costs are $13 per watch. a. What is the firm's
14,7
The Warren Watch Company sells watches for $28, fixed costs are $155,000, and variable costs are $13 per watch. a. What is the firm's gain or loss at sales of 9,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ What is the firm's gain or loss at sales of 17,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ b. What is the break-even point (unit sales)? Round your answer to the nearest whole number. units c. What would happen to the break-even point if the selling price was raised to $31 ? d. What would happen to the break-even point if the selling price was raised to $31 but variable costs rose to $27 a unit? Round your answer to the nearest whole number
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