Challenge Problem. Graph the revenue and cost lines to estimate the break-even point for the following data.

Question:

Challenge Problem. Graph the revenue and cost lines to estimate the break-even point for the following data. Compute the break-even point mathematically.
a. price = $12.95; variable cost/unit = $6.89; fixed costs = $10,000
b. price = $23, 995; variable cost/unit = $16,545; fixed costs = $40 million
c. price = $249; variable cost/unit = $50; fixed costs = $800,000