Question: show work 1. LSM 428 SOME ANALYTICAL TOOLS HOMEWORK Show all workings for all questions in order to obtain credit for the final answer A

show work 1. LSM 428 SOME ANALYTICAL TOOLS

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1. LSM 428 SOME ANALYTICAL TOOLS HOMEWORK Show all workings for all questions in order to obtain credit for the final answer A small company has patented a new device for washing dishes. The annual fixed cost to make the device is $56,000. The variable cost, including raw materials and labor to make the device is $7.00. The company sells the device for $25.00 apiece. a. If the company sells 20,000 pieces annually, determine the following: (1) annual total cost (ii) annual total revenue (iii) annual total profit. b. How many pieces will the company need to sell in order to break even

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