Exercise $3)$ You are considering starting your home$-$based business selling candles. After a lot of research, you

have gathered the following financial information for an average month of operations:

Cost of Supplies for the first year of operation

A$.$ Identify the fixed cost items from the above expense sheet.

B$.$ Identify the variable cost items from the above expense sheet.

C$.$ Calculate the Total Fixed Cost $($TFC$).$

D$.$ Calculate the Total Variable Cost $($TVC$)$

E$.$ Construct the linear cost equation using the format $y=mx+b,$ using the total fixed cost $($TFC$)$ and per

unit variable cost $($TVC$).($Hint: Recall variable cost is slope and fixed cost is $y-$intercept$)$

F$.$ Construct the revenue equation using $$15$ as the selling price per unit.

G$.$ Determine the number of units and cost needed to break even $($round to the nearest whole number for

units and the nearest cent for cost$).$