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The Warren Watch Company sells watches for $22, fixed costs are $165,000, and variable costs are $11 per watch.

1. What is the firm's gain or loss at sales of 10,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ What is the firm's gain or loss at sales of 16,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $
3. What is the break-even point (unit sales)? Round your answer to the nearest whole number. units
5. What would happen to the break-even point if the selling price was raised to $35? -Select-The result is that the break-even point is lower. The result is that the break-even point is higher. The result is that the break-even point remains unchanged. Item 4
7. What would happen to the break-even point if the selling price was raised to $35 but variable costs rose to $26 a unit? Round your answer to the nearest whole number. -Select-The result is that the break-even point increases. The result is that the break-even point decreases. The result is that the break-even point remains unchanged. Item 5