Problem 19-01 Management believes can new product for $9.50. The cost of production we estimated to be $5,000, and the variables are $450 a e necessary. U a nd ing the g r m inus on to ante losses, any. relationships en quantity and red cost and variable day and con t enere Variable costs Fixed Costa > > > OOOOOO 3 3 3 whole number. Round your answers for the food Determine the break-even level using the above table and use the bent 19.5 to confirm the break-even level of output. Round your answers for the break-even level to the cos, variable costs, total costs, and profits to the nearest dollar tercero necessary. Use a minus sign to enter losses, any. Quantity Total Revenue Feed Costs Total Costs c. What would happen to the total revenue schedule, the total cost schedule, and the break-even level of output management determined that feed costs would be $5,500 instead of 5,0007 Round your answer for the break-even level of output to the nearest whore number I feed costs were 5.500 instead of $6,000 the total revenue schedule Goes not change and the total cost scheduleder The new break-even level of output is Problem 19-01 Management believes it can sell a new product for $9.50. The faced costs of production are estimated to be $6,000, and the variable costs are $4.50 unit. a. Complete the following table at the given levels of output and the relationships between quantity and fored costs, quantity and variable costs, and quantity and total costs. Round your answers to necessary. Use a minus sign to enter losses, if any. Quantity Total Revenue Variable costs Fixed Costs Total Costs Profits (Losses) 3 500 XXX 1,000 3 3 OOOOOO 1.500 2,000 3 3 33 3,000 3 3 b. Determine the break even levering the above table and use the Exhibit 19 5 to confirm the break even level of output. Round your answers for the break even level to the nearest whole number costs, variable costs, total costs, and pronts (losses to the nearest dollar. Enterre e cessary. Use a minus sign to enter losses, if any. Quantity Total Revenue Variable Costs Fixed Costs Total Costs Profits (Losses) c. What would happen to the total revenue schedule, the total cost schedule, and the break even level of output if management determined that fixed costs would be $5,500 instead of $6.0007 Round yo level of output to the nearest whole number, If fored costs were $5,500 instead of $6,000 the total revenue schedule des not change and the total cost schedule decreases The new break-even level of output is
