A company that produces widgets has a fixed cost of $400 and a unit cost of $80 per widget. Each widget sells for $96.(Use the interactive figure to find your answer.)Click here to launch the interactive figure.(a) How many widgets must the company produce and sell in order to break even? What is the cost and revenue at the break-even point?The company must produce and sellwidgets. The cost and revenue both equal.(b) What is the company's profit or loss when 50 widgets are produced and sold?A. The company makes a profit of $B. The company incurs a loss of $(c) If the company incurs a loss of $240, how many widgets did they produce and sell?The company produced and soldwidgets.