Please assist me in solving this problem.
The Retread Tire Company recaps tires. The fixed annual cost of the recaping operation is $60,000. The variable cost of recapping a tire is $9. The company charges $25 to recap a tire.
a) For annual volume of 12,000 tires, determine the total cost, total revenue, and profit.
b) Determine the annual break-even volume for the retread Tire Company operation.
c) Grahically illustrate the break-even volume for the Retread Tire Company.