еВook he Warren Watch Company sells watches for $29, fixed costs are $190,000, and variable costs are $12 per watch. a. 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 20,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. b. What is the break-even point (unit sales)? Round your answer to the nearest whole number. units c. What would happen to the break-even point if the selling price was raised to $33? -Select- d. What would happen to the break-even point if the selling price was raised to $33 but variable costs rose to $28 a unit? Round your answer to the nearest whole number. -Select-

еВook he Warren Watch Company sells watches for $29, fixed costs are $190,000, and variable costs are $12 per watch. a. 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 20,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. b. What is the break-even point (unit sales)? Round your answer to the nearest whole number. units c. What would happen to the break-even point if the selling price was raised to $33? -Select- d. What would happen to the break-even point if the selling price was raised to $33 but variable costs rose to $28 a unit? Round your answer to the nearest whole number. -Select-

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter16: Financial Planning And Control

Section: Chapter Questions

Problem 20PROB

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