Please show the calculations used to arrive at the answer.

1. Fixed costs are $3,000, variable costs are $5 per unit. The company will manufacture 100 units and chart a 50% markup. Using the cost-plus pricing method, what will the selling price be? (2 pts)

2. Your company has fixed costs of $150,000 per year. The variable costs per unit in 2018 were $3 per unit, and 30,000 units were produced that year. Your company uses cost-based pricing and has a profit margin of $3 per unit. In 2019, production increased and your team had more experiencevariable costs went down to $2 per unit because of your teams higher skill and 65,000 units were produced that year. What is the change in selling price from 2018 to 2019? (2 pts)

3. Fixed Costs are $500,000. Per unit costs are $75, and the proposed price is $200. How many units must be sold to break even? How many units must be sold to realize a $200,000 target return? (2 pts)

4. Congratulations! You you just decided to become the proud owner of a new food truck offering traditional Mediterranean cuisine. Kitchen and related equipment costs are $100,000. Other fixed costs include salaries, gas for the truck, and license fees and are estimated to be about $50,000 per year. Variable costs include food and beverages estimated at $6 per platter (meat, rice, vegetable, and pita bread). Meals will be priced at $10. (4 pts)

   • Calculate the break-even for your food truck business. Provide the break-even dollar amount as well as the number of meals that need to be sold to break-even.

   • You would like your target profit for the year to be $100,000. How many meals need to be sold to achieve this target profit?

   • After reviewing your break-even, what changes would you consider?

   • If you changed the price per meal to use Cost-Plus pricing with a 60% mark up, how much will be charged per meal? Assume fixed costs are sunk costs and the mark up is on the variable cost only.