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The Warren Watch Company sells watches for $20, fixed costs are $200,000, and variable costs...

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Accounting

The Warren Watch Company sells watches for $20, fixed costs are $200,000, and variable costs are $13 per watch.

  1. What is the firm's gain or loss at sales of 5,000 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 18,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $________
  3. What is the break-even point (unit sales)? Round your answer to the nearest whole number. ____units

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