Rachel purchased a new printing machine and started a small printing shop. As per her calculations, to earn revenue of $4,500 per month, she needs to sell printouts of 25,000 sheets per month. The printing machine has a capacity of printing 38,900 sheets per month, the variable costs are $0.04 per sheet, and the fixed costs are $1,800 per month.
a) Calculate the selling price of each printout. (round to nearest cent)
b) If they reduce fixed costs by $440 per month, calculate the new break-even volume per month. (round up to the next whole number)
c) Calculate the new break-even volume as a percent of capacity. (round two decimal places)