(Solved): The information below shows the net income based on December sales for Comicon Entertainment Inc. As ...

The information below shows the net income based on December sales for Comicon Entertainment Inc. Assume the selling price per unit is $1. Sales $400,000 Fixed Costs $145,500 Total Variable Costs $84,000 Total Costs $229,500 Net Income $170,500 a) What are the revenue and cost functions? b) Using an algebraic method to calculate the break-even point in sales dollars. c) Determine profit or loss at a sales volume of $80,000. d) What would be the new break-even point if variable costs were increased to 45% of sales?