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The Warren Watch Company sells watches for $21, fixed costs are$145,000, and variable costs are $10 per watch.What is the firm's gain or loss at sales of 5,000 watches?Enter loss (if any) as negative value. Round your answer to thenearest cent.$What is the firm's gain or loss at sales of 19,000 watches? Enterloss (if any) as negative value. Round your answer to the nearestcent.$What is the break-even point (unit sales)? Round your answer tothe nearest whole number.unitsWhat would happen to the break-even point if the selling pricewas raised to $32?-Select one of the following:1. -The result is that the break-even point is higher.2. The result is that the break-even point remains unchanged.3.The result is that the break-even point is lower. Item 4What would happen to the break-even point if the selling pricewas raised to $32 but variable costs rose to $25 a unit? Round youranswer to the nearest whole number.-Select one of the following:1. The result is that the break-even point decreases.????2. The result is that the break-even point remainsunchanged.3.The result is that the break-even point increases. Item 5*****PLEASE LABEL ALL 5 ANSWERS VERY. CLEARLY***** AND I WILLGIVE A GOOD REVIEW