Fred sells fudgesides in the park. He has $375 in fixed costs each month. His variable costs are $0.12 per unit.

1. If he sells each fudgesicles for $2.00, how many does he need to sell to break even?

2. If fred raises the price to $2.50, what happens to his break-even point?

3. If he sells 240 fudgsicles for $2.00, what is his profit or loss?

4. What is the markup percentage based on the final selling price if a fudgesicle costs 12 scents and sells for $2.00?

5. What is the markup percentage based on cost for the same fudgesicle?