Page 9 of 7. Smooth Riders produces high quality silicone tires for ATVs. a. Please calculate the breakeven point for tire production if tires are priced at $120/tire b. What is the profit if 2,000 tires are sold? Details: Retail Price = $120/tire Fixed Costs (FC) = $30,000 (rent) + $2,000 (utilities) + $5,000 (depreciation) = $37,000 Unit Variable Costs (UVC) = $30/unit + (2 hours/unit x $35/hour) = $30 (materials) + $ 70 (labour) = $100/unit I ANSWER (10 marks)