3. The manufacturer of a product that has a variable cost of $3 per unit and a total fixed cost of $120,000 wants to determine the level of output needed to avoid losses. a. What is the level of sales needed to break even if the product is sold for $4.50? b. What will be the company's profit or loss with sales of 100,000 units? c. If fixed costs rise to $150,000, what are the sales needed to breakeven? d. With fixed costs of $120,000 and if variable costs decline to $2.50, what is the new level of sales to breakeven