3. Marino Company is considering adding a new product. The following estimates are the additional costs that would be incurred if Marino decided to produce this new product:

Marino Company
New Product Analysis
	per unit	5,000	8,000	11,000
Sales			484,000
Variable expenses:
Manufacturing cost			336,000
Sales commission			40,000
Total variable expense			376,000
Fixed Expenses:
Manufacturing costs			49,000
Administrative costs			32,000
Total fixed expense			81,000
Total expenses			457,000
Net Income			27,000

a. Use the information you have to complete the information that should be in the blue cells. Calculate the breakeven point on the new product. What decision rule does the breakeven point give to Marino Company? Graph your answer using Excel if possible. If you are not Excel savvy, please either skip the graph or draw one by hand and submit a photo from your cell phone. b. You are the boss, would you approve this new product as currently proposed and costed or would you ask for changes? If so, which ones.