Please provide response within one hour if possible with solutions:

Question 7. Sosa Company has $39 per unit in variables costs and $1,900,000 per year in fixed costs. Demand is estimated to be 138,000 units. What is the price if a markup of 35% on total cost is used to determine the price?

Question 1: A retailer purchased some trendy clothes that have gone out of style and must be marked down 30% of the original price selling price in order to be sold. Which of the following is sunk cost in this situation? 1. The original selling price; the anticipated profit, the original purchase price; the current price?

Question2: Bob Company sells one product with a variable cost of $5 per unit. The company is unsure what price to maximize profits. Zthe price charged will also affect the demand. If fixed costs are $100,000 and the represents the demand at various prices, what price should be charged in order to maximize profits:

Units Sold Price

30,000 $10

40,000 $ 9

50,000 $ 8

60,000 $7

Select: $10, $9, $8, or 7

Question 4: The Break-even point is the

Number of units sold that allows the company to neither a profit nor a loss

Number of units sold that allow the company to pay labor their wages

Dollar revenues that allow the firm to pay the required rate of return to its investors

Dollar profits that allows the firm to pay the required rate of return to its investors

Question 5: Opportunity costs are:

Never incremental costs

Always incremental costs

Sometimes sunk costs

Greater than sunk costs