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The Warren Watch Company sells watches for $28, fixed costs are $160,000, and variable costs are $13 per watch. a. What is the firm's gain
The Warren Watch Company sells watches for $28, fixed costs are $160,000, and variable costs are $13 per watch. a. What is the firm's gain or loss at sales of 7,000 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 19,000 watches? Loss, if any, should be indicated by a minus sign. 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 c. What would happen to the break-even point if the selling price was raised to $34? -Select- d. What would happen to the break-even point if the selling price was raised to $34 but variable costs rose to $20 a unit? Round your answer to the nearest whole number. -Select- Check My Work (2 remaining)
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