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The Warren Watch Company sells watches for $26, fixed costs are $140,000, and variable costs are $13 per watch. What is the firm's gain or

The Warren Watch Company sells watches for $26, fixed costs are $140,000, and variable costs are $13 per watch.

  1. What is the firm's gain or loss at sales of 5,000 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. $
  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 $34? Select - The result is that the break-even point is higher. The result is that the break-even point remains unchanged. 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 $34 but variable costs rose to $22 a unit? Round your answer to the nearest whole number. Select - The result is that the break-even point decreases. The result is that the break-even point remains unchanged. The result is that the break-even point increases.

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