Question: Please answer the following question based on the given information here: 2. Break-Even Analysis: Jennings Company A product at the Jennings Company enjoyed reasonable sales

Please answer the following question based on thePlease answer the following question based on the

Please answer the following question based on the given information here: 2. Break-Even Analysis: Jennings Company A product at the Jennings Company enjoyed reasonable sales volumes, but its contributions to profits were disappointing. Last year, 17,500 units were produced and sold. The selling price is $22 per unit, the variable cost is $18 per unit, and the fixed cost is $80,000. Question 20 2 pts If the fixed cost increases by 1%, selling price increases by 10%, How much does the variable cost change (in percentage) to keep the break-even quantity unchanged? 9% 5% 12% 18% 15% Question 21 1.5 pts If the fixed cost increases by 3% and unit profit decreases by 2%, what is the percentage change in break-even quantity? 0.67% 5% 1% 1.5% 6%

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