Problem 1 Fixed startup costs for a new job, including machines, tooling, and training, equal $750,000. The variable costs equal $2.75 per unit. For this problem, ignore overhead and other operating costs. a) If you sell the product for $8.00 per unit, how many units must you sell before breaking even? Use the grid below to graph the cost curve and the revenue curve. Identify the breakeven point. + 110,000 130,000 150,000 170,000 190,000 210,000 100,000 120,000 140,000 160,000 180,000 200,000 b) If you sell 275,000 units: (5 Points) Calculate the average cost per unit. Round your answer to the nearest $0.01. Calculate the total profit earned if you sell these units. Problem 1 Fixed startup costs for a new job, including machines, tooling, and training, equal $750,000. The variable costs equal $2.75 per unit. For this problem, ignore overhead and other operating costs. a) If you sell the product for $8.00 per unit, how many units must you sell before breaking even? Use the grid below to graph the cost curve and the revenue curve. Identify the breakeven point. + 110,000 130,000 150,000 170,000 190,000 210,000 100,000 120,000 140,000 160,000 180,000 200,000 b) If you sell 275,000 units: (5 Points) Calculate the average cost per unit. Round your answer to the nearest $0.01. Calculate the total profit earned if you sell these units