7. A new technological development has enabled a company to reduce fixed costs by $6,000 per year and to reduce variable costs by $2 per unit. The current data for the product is as follows before the reductions: Selling Price $12/unit Variable Costs $6/unit Fixed Costs .$36,000 per year Capacity 20,000 units a) b) c) Set up a model or diagram reflecting the changes and showing the new break-even point Find the new break-even point. How much profit is made on the sale of 5,000 units after the new development has been instituted? TILA OVERI