Assume a fixed cost of $1,000, a variable cost of $6.50, and a selling price of $7.50.
a. What is the break-even point? (Roundup your answer to the next whole number.)
b. How many units must be sold to make a profit of $500.00? (Roundup your answer to the next whole number.)
c. How many units must be sold to average $0.25 profit per unit? (Roundup your answer to the next whole number.)