The Warren Watch Company sells watches for $25, fixed Costs are $170,000, and variable costs are $15 per watchit a) What is the firm's gain or loss of sales su of 10,000 watches & Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ Typ 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. ( b) What is the break-even point Cunit sales)? Round your answer to the nearest whole number.
The Warren Watch Company sells watches for $25, fixed Costs are $170,000, and variable costs are $15 per watchit a) What is the firm's gain or loss of sales su of 10,000 watches & Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ Typ 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. ( b) What is the break-even point Cunit sales)? Round your answer to the nearest whole number.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:The Warren Watch Company sells watches for $25. Fixed costs are $10,000, and variable costs are $15 per watch.
a) What is the firm's gain or loss at sales of 10,000 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.
$ __________
b) What is the break-even point (unit sales)? Round your answer to the nearest whole number.
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