Hello

please help me solving this showing full work please , I need it as soon as possible

Question 2 - (60 points- 20 points each) Furniture Inc. wants to apply break-even analysis for its new sofa model. They have: Fixed costs= 10000 KD Variable costs= 50KD/sofa. The selling price of the sofa is 300 KD. a) Give one advantage for using the above pricing strategy. b) What is the formula for calculating break-even volume? c) Calculate the break-even volume for the new sofa of Furniture Inc. and show your work. MKT210 Principles of Marketing Management Explain the below slide while differentiating value-based pricing and cost- based pricing. Cost-based pricing Design a good product Determine product costs Set price based on cost Convince buyers of product's value Value-based pricing Assess customer needs and value perceptions Set target price to match customer perceived value Determine costs that can be incurred Design product to deliver desired value at target price