Remaining Time: 00:16:44 Mike is thinking of opening a popcom stand that sells popcorn bag(s) Mike can purchase a popcom stand for $150,000 and can sell each popcorn bag for $4. Mike has calculated the average variable cost of providing 12 popcom bag(s) to be $31.2. (6 marks total) 1. Using the information above, what is the average variable cost (AVC) per popcom bag? Number 2. Using the information above, what are the total fixed costs (TFC)? Number 3. Using the information above, what is the breakeven quantity? Number 4. Using the information above, what quantity is required if Mike wants to make a $90,000 profit? Number 5. Using the information above, what is the total revenue at quantity 45,000?(To Nearest Hundred) Number 6. Using the information above, what is the profit/loss per unit, if price is now $2? Number