Question: Balance point problem: 6 points Given a fixed cost of $400,000, a price of $14.00, and a variable cost of $4. Find the break-even point

  1. Balance point problem: 6 points

Given a fixed cost of $400,000, a price of $14.00, and a variable cost of $4.

  1. Find the break-even point in units.

  1. find the breakeven point in dollars.

  1. Find the profit or loss if 30,000 units of output are produced. Discuss if there is profit or loss.

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