The Warren Watch Company sells watches for $24, fixed costs are$120,000, and variable costs are $12 per watch.
- 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 thenearest cent.
$
What is the firm's gain or loss at sales of 16,000 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.
units
- What would happen to the break-even point if the selling pricewas raised to $35?
-Select-The result is that the break-even point is higher.Theresult is that the break-even point remains unchanged.The result isthat the break-even point is lower.
- What would happen to the break-even point if the selling pricewas raised to $35 but variable costs rose to $28 a unit
