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Green Grow is a business selling bags of organic fertiliser for $ 2 4 each. This year, Green Grow s fixed cost totals $ 1

Green Grow is a business selling bags of organic fertiliser for $24 each. This year, Green
Grows fixed cost totals $110000. The variable cost per bag is $14.
Required:
a What is the break-even point in number of bags?
b How many bags does Green Grow need to sell to earn a profit of $70000?
c If the total fixed cost increases to $160000 next year:
i what will Green Grows break-even point be in number of bags?
ii what profit (or loss) will Green Grow have if it sells 30000 bags?
iii how many bags will Green Grow have to sell to earn a profit of $70000?

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