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Hello, please advise, thanks The Warren Watch Company sells watches for $23, fixed costs are $115,000, and variable costs are $15 per watch. a. What
Hello, please advise, thanks
The Warren Watch Company sells watches for $23, fixed costs are $115,000, and variable costs are $15 per watch. a. What is the firm's gain or loss at sales of 7,000 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 20,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. b. What is the break-even point (unit sales)? Round your answer to the nearest whole number. units c. What would happen to the break-even point if the selling price was raised to $32? -Select- d. What would happen to the break-even point if the selling price was raised to $32 but variable costs rose to $25 a unit? Round your answer to the nearest whole number. -Select- The result is that the break-even point decreases. The result is that the break-even point remains unchanged. The result is that the break-even point increasesStep by Step Solution
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