Question: Question Set 3 . A bakery has a production target of 1 0 0 0 units of donuts, bread and muffins eachin a month. The

Question Set 3. A bakery has a production target of 1000 units of donuts, bread and muffins eachin a month. The baker spent $20,000 on setting up the bakery, which could be accounted as the fixed cost. The production cost and selling price for the items is listed in the table below. For this question set, use the following formulas and information:
[Total Cost]=[Production] x [Variable Unit Cost]+[Fixed Costs]
[Total Revenue]=[Production] x [Unit Revenue]
[Total Profit]=[Total Revenue][Total Cost]
[Break Even Point]=[Fixed Cost]/([Unit Revenue]-[Unit Variable Cost])

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