The Warren Watch Company sells watches for $25, fixed costs are $130,000, and variable costs are $14 per watch.
What is the firm's gain or loss at sales of 9,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent.
$
What is the firm's gain or loss at sales of 18,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent.
$
What is the break-even point (unit sales)? Round your answer to the nearest whole number.
units
What would happen to the break-even point if the selling price was raised to $34?
-Select-The result is that the break-even point is lower. The result is that the break-even point is higher. The result is that the break-even point remains unchanged. Item 4
What would happen to the break-even point if the selling price was raised to $34 but variable costs rose to $23 a unit? Round your answer to the nearest whole number.
-Select-The result is that the break-even point increases. The result is that the break-even point decreases. The result is that the break-even point remains unchanged. Item 5