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The Warren Watch Company sells watches for $24, fixed costs are $200,000, and variable costs are $10 per watch. What is the firm's gain or
The Warren Watch Company sells watches for $24, fixed costs are $200,000, and variable costs are $10 per watch.
- What is the firm's gain or loss at sales of 9,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ What is the firm's gain or loss at sales of 19,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $
- What is the break-even point (unit sales)? Round your answer to the nearest whole number. units
- What would happen to the break-even point if the selling price was raised to $32?
- What would happen to the break-even point if the selling price was raised to $32 but variable costs rose to $23 a unit? Round your answer to the nearest whole number.
- What would happen to the break-even point if the selling price was raised to $32 but variable costs rose to $23 a unit? Round your answer to the nearest whole number.
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