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The Warren Watch Company sells watches for $25, fixed costs are $185,000, and variable costs are $15 per watch. What is the firm's gain or

The Warren Watch Company sells watches for $25, fixed costs are $185,000, and variable costs are $15 per watch.

  1. What is the firm's gain or loss at sales of 7,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $ What is the firm's gain or loss at sales of 19,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $
  2. What is the break-even point (unit sales)? Round your answer to the nearest whole number. _____ units
  3. What would happen to the break-even point if the selling price was raised to $35? - select- 1-. The result is that the break-even point is higher. 2.- The result is that the break-even point remains unchanged. 3.-The result is that the break-even point is lower.
  4. What would happen to the break-even point if the selling price was raised to $35 but variable costs rose to $28 a unit? Round your answer to the nearest whole number. -Select- 1.- The result is that the break-even point decreases. 2.-The result is that the break-even point remains unchanged. 3.-The result is that the break-even point increases.

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