Question 4 (1 point) Jerry and Ben would like to open a new business next year. They have worked hard on their cost projections and believe they can start with fixed costs of $60,000. Their customer research indicates that they can sell their product for $12.00 and variable costs are expected to be $3.50 per unit. They know they have done plenty of research but are still nervous about the risk involved with this new venture. How many units would Jerry and Ben have to sell to break-even? 7,059 units 5,000 units 17,143 units 3,871 units Question 5 (1 point) Sheldon is considering opening a hockey clinic as a side business but is worried about whether he can manage the risk. He anticipates fixed costs of $140,000, sales of $400,000 and costs of goods sold of $80,000. What sales volume would Sheldon need to break-even? $175,000 $325,582 $700,000 $220,000Question 3 {1 point] Selena would like to start a new venture after she finishes school. She projects that her fixed costs will be $585536. She expects that she can sell her product for $21 and that her variable costs per unit will be $2. She knows she has done her research but she is still worried about the risk involved with this new venture. How manv units would she have to sell to break-even? Your An swer: Answer BK2U is a mobile bike service that services and repairs bikes at customers' homes. It is geared to bicyclists who have invested in expensive bikes and are willing to pay for the convenience of a mobile service. The company is planning to launch the product in Toronto and the surrounding Greater Toronto suburbs. a) List at least five data points you would use to create a top-down forecast (you do not need to do any calculations - focus instead on the process and logic). b) Specify what constraints and data points you would use to create a bottom-up forecast