The Warren Watch Company sells watches for $27, fixed costs are $130,000, and variable costs are $14 per watch. What is the firm's gain or loss at sales of 5,000 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 19,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ What is the break-even point (unit sales)? Round your answer to the nearest whole number. units.

The Warren Watch Company sells watches for $27, fixed costs are $130,000, and variable costs are $14 per watch. What is the firm's gain or loss at sales of 5,000 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 19,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ What is the break-even point (unit sales)? Round your answer to the nearest whole number. units.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter21: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 10MC

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