Given that a product's variable cost equals $50, and requires $1,500,000 fixed costs to produce, is expected to sell 100,000 units, and is required to deliver a 40% markup on sales/price, its markup price should be:

Select one:

a.$125

b.$83.33

c.$162.5

d.$91

e.$108.33

Given fixed costs equal to $1,500,000, selling price of $70, and variable cost equal to $35, the break-even quantity (rounded to the nearest unit) equals:

Select one:

a.50,000 units

b.42,857 units

c.70,000 units

d.21,429 units

e.30,000 units