Question: please do this answer on excel sheet THE BREAK-EVEN FOIVT The Millers are thinking of introducing a new product line in their store. For this
THE BREAK-EVEN FOIVT The Millers are thinking of introducing a new product line in their store. For this exercise, assume the following: - Total fixed costs for the line are estimated at $15,000. - Total number of units they expect to sell are 10,000 , based on a market study. - Total variable costs are $20,000. - Unit selling price is $4.50. Based on the information, answer the following questions: 1. What is the break-even point in units? 2. What is the break-cven point in revenue? Number of 6,000 units $4.50 =$27,000
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