Assume a fixed cost of 1000 a variable cost of 650 and a

Question

Assume a fixed cost of $1,000, a variable cost of $6.50, and a selling price of $8.50.

(a) What is the break-even point? (Round-up your answer to the next whole number)

(b) How many units must be sold to make a profit of $500.00? (Round-up your answer to the next whole number)

(c) How many units must be sold to average $0.25 profit per unit? (Round-up your answer to the next whole number)