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The Weaver Watch Company sells watches for $22, the fixed costs are $190,000, and variable costs are $13 per watch. 1. What is the firm's
The Weaver Watch Company sells watches for $22, the fixed costs are $190,000, and variable costs are $13 per watch. 1. 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. $__________________ 2. What is the firm's gain or loss at sales of 16,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $___________________ 4. What is the break-even point? Round your answer to the nearest whole. __________units 5. What would happen to the break-even point if the selling price was raised to $33 but variable costs rose to $20 a unit? Round your answer to the nearest whole. ____________units
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