Question: Business 182 Examination 2 - Chapters 19-22 (Problem and Short Answer Section) 1. Racer Industries has fixed costs of $900,000. Selling price per unit is

Business 182 Examination 2 - Chapters 19-22 (Problem and Short Answer Section) 1. Racer Industries has fixed costs of $900,000. Selling price per unit is $250 and variable cost per unit is $130. Problems: Required: How many units must Racer sell in order to break even? a. b. How many units must Racer sell in order to earn a profit of $480,000? A new employee suggests that Racer Industries sponsor a company 10-K as a form of advertising. The cost to sponsor the event is $7,200. How many more units must be sold to cover this cost? do 70

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