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Management believes it can sell a new product for $7.50. The fixed costs of production are estimated to be $5,500, and the variable costs are

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Management believes it can sell a new product for $7.50. The fixed costs of production are estimated to be $5,500, and the variable costs are $3.50 a unit.

  1. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Round your answers to the nearest dollar. Enter zero if necessary. Use a minus sign to enter losses, if any.

please answer a b and c

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Management believes it can sell a new product for $7.50. The fixed costs of production are estimated to be $5,500, and tl costs are $3.50 a unit. a. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quan variable costs, and quantity and total costs. Round your answers to the nearest dollar. Enter zero if necessary. Use a m enter losses, if any. b. Determine the break-even level using the above table and use the Exhibit 19.5 to confirm the break-even level of outp your answers for the break-even level to the nearest whole number. Round your answers for the fixed costs, variable c costs, and profits (losses) to the nearest dollar. Enter zero if necessary. Use a minus sign to enter losses, if any. c. What would happen to the total revenue schedule, the total cost schedule, and the break-even level of output if manas determined that fixed costs would be $10,000 instead of $5,500 ? Round your answer for the break-even level of outpu nearest whole number. If fixed costs were $10,000 instead of $5,500 the total revenue schedule and the total cost sched The new break-even level of output is units

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