13. Cost-Volume-Profit (CVP) Analysis One of Sue's ideas was to introduce a hooded thermal top. Expected annual amounts for the hooded thermal top are as follows: Sales price per unit $75.00 Variable costs per unit $39.00 Direct fixed costs $3,500 + Production capacity 110 units Demand 120 units + Required: (a) Determine the number of units of the new hooded thermal top product line that Jax Limited must sell to break-even. (b) Determine the sales revenue that Jax Limited must generate for the new hooded thermal top product line to break-even. (c) Calculate Jax Limited's degree of operating leverage (DOL). (d) Using the degree of operating leverage (computed in part (c) above), calculate lax Limited's profit before tax if they experience a sales decrease of 2 per cent. (e) Identify TWO (2) assumptions made when completing Cost-Volume-Profit (CVP) analysis AND explain how these affect Jax Limited