1.Determine the breakeven point for a company that has monthly fixed costs of $50,000, revenue per unit of $125, and variable cost per unit of $55.

a.List possible fixed cost

b.List possible variable costs

c.List equation for total revenue

d.List the equation for total cost

e.List the equation for breakeven quantity of units

f.Using excel, plot the breakeven chart. Indicate the breakeven point in your chart.