Mitchell purchased a new printing machine and started a small printing shop. As per his calculations, to earn revenue of $5,500 per month, he needs to sell printouts of 25,000 sheets per month. The printing machine has a capacity of printing 35,700 sheets per month, the variable costs are $0.01 per sheet, and the fixed costs are $1,600 per month.

a. Calculate the selling price of each printout. (Round to the nearest cent)

b. If they reduce fixed costs by $370 per month, calculate the new break-even volume per month. (Round up to the next whole number)

c. Calculate the new break-even volume as a percent of capacity. (Round to two decimal places)