A 1 Homework: Complete the model to calculate TOTAL COST and BREAKEVEN SELLING PRICE given: 2 Variable Cost Per Unit =$7.50 Quantity Produced =500 Fixed Cost =$10,000 How does your BREAKEVEN SELLING PRICE change if you produce 1000 units? Answer: - MPORTANT - you must use the modeling best practices that we leamed in class. This is not a math exercise. This is a modeling exercise. Breakeven Model Data Variable Cost Per Unit Quantity Produced Floxed Cost Model Fixed Cost Variable Cost Total Cost Breakeven Selling Price Hint At this point, your DEMAND and PURCHASE QUANTITY are unknown. Your model will be used to evaluate different scenarios