Use the below data to identify the Breakeven Point Data:

Unit Revenue $2000

Fixed Cost $10,000,000

Marginal Cost $1000

Sales Forecast 30,000

Production Quantity 20,000

you need to submit two documents (1. take a photo of your handwriting, 2. prepare the Excel sheet to report the profits) & and submit it back

Special Products Company The Special Products Company produces expensive and unusual gifts to be sold in stores that cater to affluent customers who already have everything. The latest new-product pro- posal to management from the company's Research Department is a first-of-its-kind iWatch. This iWatch would combine the features of a top-of-the-line atomic wristwatch and a next- generation smartphone, including the ability to respond to voice commands or questions with voice responses. It also would connect to the Internet wirelessly to provide weather, sports scores, stock quotes, and more. An extensive research-and-development project would be needed to develop the iWatch. The proposal is to provide a generous budget of $10 million for this project in order to provide as many desirable features as possible within this budget. It is clear that the production costs for the iWatch would be very large because of the extreme miniaturization that would be required, so the selling price would need to be far beyond the reach of middle-class customers. Therefore, the marketing of the iWatch would be aimed at wealthy customers who want the most advanced products regardless of cost. Management needs to decide whether to develop and market this new product and, if so, how many of these watches to produce. Before making these decisions, a sales forecast will be obtained to estimate how many watches can be sold. Since most of these sales would occur quickly during the relatively brief time before the "next big thing" arrives to take over the market, there would be only one production run for the iWatch and the number produced would be set equal to the sales forecast. Following the production run, the iWatch would be marketed as aggressively as needed to sell this entire inventory if possible. Management now needs a management science study to be conducted to determine how large this sales potential needs to be to make the iWatch profitable after considering all the prospective revenues and costs, so let's next look at the estimates of these financial figures. If the company goes ahead with this product, the research-and-development cost of $10 million is referred to as a fixed cost because it remains the same regardless of how many watches are produced and sold. (However, note that this cost would not be incurred if manage- ment decides not to introduce the product since the research-and-development project then would not be undertaken.) In addition to this fixed cost, there is a production cost that varies with the number of watches produced. This variable cost is $1,000 per watch produced, which adds up to $1,000 times the number of watches produced. (The cost for each additional unit produced, $1,000, is referred to as the marginal cost.) Each watch sold would generate a unit revenue of $2,000 for the company