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The Warren Watch Company sells watches for $28, fixed costs are $105,000, and variable costs are $11 per watch. What is the firm's gain or
The Warren Watch Company sells watches for $28, fixed costs are $105,000, and variable costs are $11 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 19,000 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 remains unchanged. The result is that the break-even point is lower. The result is that the break-even point is higher. Item 4
- What would happen to the break-even point if the selling price was raised to $33 but variable costs rose to $26 a unit? Round your answer to the nearest whole number. The result is that the break-even point remains unchanged. The result is that the break-even point increases. The result is that the break-even point decreases.
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