1.Memex Corp. manufactures memory expansion boards for microcomputers. The average selling price of its finished product is $370 per unit. The average variable cost per unit is $280. Memex incurs fixed costs of $1,610,000 per year.

a) How many units must they sell to have a net profit of $200,000?

b) What level of output would they have to sustain a loss of no more than $152,000?

c) What would be the new break even number of units if fixed costs were reduced by 10%?