CVP Analysis Planning and Decision Making: Refer to the data for Alto Music Store, Inc., exercise 11-27. Assume the projected quantity for the year is 8,000 units for each of the following situations:

1. What will the operating profit be for 8,000 units?

2. What would be the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent?

3. What would be the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent?

4. Suppose fixed costs for the year are 10 percent lower than projected, while variable costs per unit are 10 percent higher than projected. What impact would these cost changes have on operating profit for the year? (Would profit go up? Down? By how much?