A manufacturing company produces and sells 5000 units of a product per year Total fixed costs= $3000, Variable cost/unit = 0.05, Selling price/unit = $1.

1- Determine the profit or losses from the firm achieves under this volume?

2-suppose that the total cost reduced by $1000 what will be the impact of this reduction on profits?

3-suppose that the total fixed cost will remain the same and the variable cost per unit will be 0.75 per unit, what will be the producion volume needed to achieve profit by $1000. Answer as soon as possible