Question
The Warren Watch Company sells watches for $28, fixed costs are $135,000, and variable costs are $14 per watch. What is the firm's gain or
The Warren Watch Company sells watches for $28, fixed costs are $135,000, and variable costs are $14 per watch.
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 16,000 watches? Loss, if any, should be indicated by a minus sign. 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 $34?
What would happen to the break-even point if the selling price was raised to $34 but variable costs rose to $27 a unit? Round your answer to the nearest whole number.
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