Show work and explain steps for solving 5 and 6

5. The new Corina watch has an expected selling price per watch of $42, the projected variable cost per unit is $24, and estimated fixed costs per month are $24,120. The breakeven point in watches per month is a. 1,115 watches b. 1,590 watches c. 1,340 watches d. 1,780 watches Test 3 Page 1 Fall 2022 6. How many additional Corina watches would the company need to sell to make an after-tax profit of $72,000? The tax rate is 20% a. 6,340 watches b. 5,000 watches c. 1,340 watches d. 4,000 watches