Wire rack company question.

Determine what the breakeven price is and the market demand. Calculate profit/loss using your estimate of costs and fixed costs, price, and market demand. Show your logic.

manufactoring cost of wire rack (painted black) $2.80

manufactoring cost of wire rack (chromed) $3.60

Sales and administration overhead to be charged $95,000 a year

competitive products have been selling at retail between $9.95 to $19.95