10 points Skipped References Last year Minden Company introduced a new product and sold 26,000 units of it at a price of $97 per unit. The product's variable expenses are $67 per unit and its fixed expenses are $836,400 per year Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3' Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum prot? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What was this product's net operating income (loss) last year? 10 points Skipped References Last year Minden Company introduced a new product and sold 26,000 units of it at a price of $97 per unit. The product's variable expenses are $67 per unit and its fixed expenses are $836,400 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum prot? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the product's break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) Break-even point in units _ Break-even point in dollar sales _ 10 points Skipped References Last year Minden Company introduced a new product and sold 26,000 units of it at a price of $97 per unit. The product's variable expenses are $67 per unit and its fixed expenses are $836,400 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units fo each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum prot? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc.), what is the maximum annual prot that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? Show lessA Maximum annual prot Number of units Selling price per unit 10 points Skipped References Last year Minden Company introduced a new product and sold 26,000 units of it at a price of $97 per unit. The product's variable expenses are $67 per unit and its fixed expenses are $836,400 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units fo each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum prot? 4. What would be the breakeven point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Complete this qustion by entering your answers in the tabs helm. Required 1 Required 2 Required 3 What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? (Do not round intermediate calculations.) Breakeven point in units _ Break-even point in dollar sales _