The Warren Watch Company sells watches for $28, fixed costs are $150,000, and variable costs are $14 per watch What is the firm's gain or loss at sales of 8,000 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 17,000 watches Enter loss (if any) as negative value Round your answer to the nearest cent $ B 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 $31 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 What would happen to the break even point if the selling price was raised to $31 but variable costs rose to $23 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

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

The Warren Watch Company sells watches for $28, fixed costs are $150,000, and variable costs are $14 per watch.

What is the firm's gain or loss at sales of 8,000 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 17,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent._______$

B. 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 $31? -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.
What would happen to the break-even point if the selling price was raised to $31 but variable costs rose to $23 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.