e Strategic Tools & KPIs Workbook | 705 Leading a Strategic Manngement Project 27 Exercise 7: (Pie Making Break Even Point - BEP) (5 marks) The owner of Old Fashioned Berry Pies, S. Simon, is contemplating adding a new line of pies, which will require leasing new equipment for a monthly payment of $6,000. Variable costs would be $2 per pie, and pies would retail for $7 each. a) How many pies must be sold in order to break even? b) What would be the profit (loss) be if 1.000 pies are made and sold in a month? c) How many pies must be sold to realize a profit of $4,000? d) If 2,000 can be sold and a protit target is $5.000, what price should be charged per pie? Please type your answer below: 1900