Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the warren watch company sells watches for $20, fi

The Warren Watch Company sells watches for $20, fixed costs are $200,000, and variable costs...

50.1K

Verified Solution

Question

Accounting

The Warren Watch Company sells watches for $20, fixed costs are $200,000, and variable costs are $13 per watch.

  1. What is the firm's gain or loss at sales of 5,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $ ______ What is the firm's gain or loss at sales of 18,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. $________
  3. What is the break-even point (unit sales)? Round your answer to the nearest whole number. ____units

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain briefly the difference between the isotonic and isoismotic solutions.

Biology
Q

Explain the effects of gender development on girls and boys of different ages when a parent...

Psychology
Q

1.) Create a fictitious case summary of a child with a name, an age during early...

Psychology
Q

What is eukayotic initiation and what are the steps involved in it

Biology
Q

Suppose the polynomial function below represents the power generated by a wind turbine, where x...

Basic Math
Q

f The mode in the distribution of scores below is X 5 543210 True False...

Statistics
Q

The North American Treaty Organiztion NATO estimated the 2016 defense budget of the United States...

Statistics
Q

5 Prove that if x is rational then x is rational

Algebra
Q

SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] Shadee...

Accounting
Q

A close family member is asking for your advice regarding opening a Food Truck. Which...

Accounting
Q

A company's defined benefit pension plan had a PBO of $275,000 on January 1, 2016....

Accounting
Q

Compute the missing amounts in the contribution income statement shown below: Company A 5,000 Company...

Accounting