Uncertainty and C-V-P Analysis A company is evaluating the profitability of a proposed new product. The unit selling price, variable costs, and fixed costs of the new product are given as follows:

{Required:}
(1) Compute the expected profit and the standard deviation of the profit for the new product.
(2) Determine the probability of at least breaking even for the new product.
(3) Determine the probability of attaining a profit of less than \(\$ 25,000\).
(4) Determine the probability of making a profit between \(\$ 40,000\) and \(\$ 60,000\).