IAMS is launching a new product, a new type of pet food. Recently it invested $25,000 to install a new machine to manufacture the new product. Each month IAMS manufactures 1000 units of the new product and distributes to 25 retailers. The raw material and the packaging material for each unit of the new product costs $50 and shipping and distribution cost for each unit is $10. IAMS plans to sell the product at $100 each. What is the BEQ for IAMS if the price remains $100, and we assume that the new machine cost is the only fixed cost? Multiple Choice 500 We don't have enough information to calculate the BEQ 450 350