The Warren Watch Company sells watches for $24, fixed costs are $120,000, and variable costs are...

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Finance

The Warren Watch Company sells watches for $24, fixed costs are$120,000, and variable costs are $12 per watch.
What is the firm's gain or loss at sales of 8,000 watches?Enter loss (if any) as negative value. Round your answer to thenearest cent.
$

What is the firm's gain or loss at sales of 16,000 watches? Enterloss (if any) as negative value. Round your answer to the nearestcent.
$

What is the break-even point (unit sales)? Round your answer tothe nearest whole number.
units

What would happen to the break-even point if the selling pricewas raised to $35?
-Select-The result is that the break-even point is higher.Theresult is that the break-even point remains unchanged.The result isthat the break-even point is lower.

What would happen to the break-even point if the selling pricewas raised to $35 but variable costs rose to $28 a unit

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1 Sales 800024 192000 Variable cost 800012 96000 Contribution margin 19200096000 96000 Fixed costs 120000 Loss 24000 2 Sales 1600024 384000 Variable cost 1600012 See Answer

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