Question
The Warren Watch Company sells watches for $27, fixed costs are $100,000, and variable costs are $10 per watch. What is the firm's gain or
The Warren Watch Company sells watches for $27, fixed costs are $100,000, and variable costs are $10 per watch.
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What is the firm's gain or loss at sales of 6,000 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 20,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $
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What is the break-even point (unit sales)? Round your answer to the nearest whole number. units
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What would happen to the break-even point if the selling price was raised to $31?
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the result is that the break even point is lower
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The result is that the break even point is higher
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The result is that the break even point remains unchanged
4. What would happen to the break-even point if the selling price was raised to $31 but variable costs rose to $22 a unit? Round your answer to the nearest whole number.
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The result is that the break even point increases
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The result is that the break even point decreases
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The result is that the break even point remains unchanged
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