Problem $7-8($Algo$)$

A book publisher has fixed costs of $$340,000$ and variable costs per book of $$10\mathrm{.}00.$ The book sells for $$22\mathrm{.}00$ per copy.

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a$.$ How many books must be sold to break even? $($Roundup your answer to the next whole number.$)$

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b$.$If the fixed cost increased, would the new break$-$even point be higher or lower?

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multiple choice $1$

Higher

Lower

It would remain the same

There is insufficient information to answer this question

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c$.$ If the variable cost per unit decreased, would the new break$-$even point be higher or lower?

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multiple choice $2$

Higher

Lower

It would remain the same

There is insufficient information to answer this question