A comic book store sells graphic novels for $9.95 per unit. The variable cost to the store is $4.20 per novel. The store has fixed monthly costs of $3500. The store estimates that their maximum capacity is 8,000 graphic novels every month. Answer this question using the "BRKEVN" function on the financial calculator/app. (11 marks - 1 mark per answer)

a) Complete the following based on the financial calculator.

i) FC =

ii) VC =

iii) P =

iv) PFT =

v) Q =

b) How many graphic novels need to be sold to break-even?

c) Determine the number of units sold to generate an income of $4000.

d) If 876 graphic novels were sold, what would be the profit?

e) Determine the profit if 40% of capacity is sold.

f) Determine the number of units to break-even if fixed costs are increased to $3800. (Variable costs and price remain the same.)

g) What should the selling price be if the store wishes to break-even after selling 500 novels, assuming that fixed costs remain at $3800?