14. A set of fine china costs $700 to produce. If the producer Allows 40% of cost for overhead and sells china for $1,180: a. How much is the markup per unit? b. How much is the net profit per unit? $. C. Calculate the breakeven price per unit: d. If the sale price were to be reduced to $880 per unit would the Producer have an absolute loss or an operating loss and how Much per unit? Circle one: absolute loss operating loss loss: $ %24