4. Problem 13.06 Click here to read the eBook: Business and Financial Risk 4. Problem 13.06 BREAK-EVEN ANALYSIS Click here to read the eBook: Business and Financial Risk The Warren Watch Company sells watches for $26, fixed costs are $110,000, and variable costs are $12 per watch. a. What is the firm's gain or loss at sales of 7,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. BREAK-EVEN ANALYSIS The Warren Watch Company sells watches for $26, fixed costs are $110,000, and variable costs are $12 per watch. a. What is the firm's gain or loss at sales of 7,000 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 20,000 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 20,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. b. What is the break-even point (unit sales)? Round your answer to the nearest whole number units b. What is the break-even point (unit sales)? Round your answer to the nearest whole number. units c. What would happen to the break-even point if the selling price was raised to $34? -Select- c. What would happen to the break-even point if the selling price was raised to $34? d. What would happen to the break-even point if the selling price was raised to $34 but variable costs rose to $26 a unit? Round your answer to the nearest whole number. Select- -Select- price was raised to $34 but variable costs rose to $26 a unit? Round your answer to the nearest whole number. -Select- The result is that the break-even point remains unchanged. Grade It Now The result is that the break-even point remains unchanged. Save & Continue Continue without saving Grade It Now Save & Continue The result is that the break-even point is lower, Continue without saving The result is that the break-even point increases. The result is that the break-even point is higher. The result is that the break-even point decreases