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. GloGreen is a business selling start-up veggie garden kit for $12 each. This year,...

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Accounting

. GloGreen is a business selling start-up veggie garden kit for $12 each. This year, GloGreens fixed cost totals $110,000. The variable cost per kit is $7. Required: a. What is the break-even point in number of kits? b. How many kits GloGreen has to sell to earn a profit of $70,000? c. If the total fixed cost increases to $160,000 next year, what profit/loss will GloGreen have if it sells 30,000 kits?

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