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The Warren Watch Company sells watches for $27, fixed costs are $165,000, and variable costs are $14 per watch. What is the firm's gain or
The Warren Watch Company sells watches for $27, fixed costs are $165,000, and variable costs are $14 per watch.
- What is the firm's gain or loss at sales of 9,000 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 18,000 watches? Enter loss (if any) as negative value. 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 $33? 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
- What would happen to the break-even point if the selling price was raised to $33 but variable costs rose to $27 a unit? Round your answer to the nearest whole number. 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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