Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its fixed cost

Question:

Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its fixed cost to be $500.00 and its variable cost to be $0.50 per unit. Selling price is expected to average $0.75 per unit.
(a) What is Smithson’s break-even point in units?
(b) What is the break-even point in dollars?