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3. (10 marks) Hard Core produces different size Medicine Balls for sale to gym facilities. The most popular size Medicine Ball is the 10 kg

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3. (10 marks) Hard Core produces different size Medicine Balls for sale to gym facilities. The most popular size Medicine Ball is the 10 kg ball. It sells for $60 each and costs $15 in materials and $2 to run the equipment. Last year Hard Core sold 1000 units of the 10 kg Medicine Ball with annual fixed costs of $50,000. a) (3 marks) Calculate the break-even point in units for the 10 kg Medicine Ball. b) (2 marks)What is the revenue at the breakeven quantity found in part a)? c) (2 marks)At the current level of activity is Hard Core generating a profit (loss) from the 10 kg Medicine Ball? If so how much? c) (2 marks)At the current level of activity is Hard Core generating a profit (loss) from the 10 kg Medicine Ball? If so how much? d) (3 marks) How many more 10 kg Medicine Balls would Hard Core have to sell each yek to generate an annual profit of $50,000

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