$7.)$ Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by $8\%$ without losing customers or market share. All other costs will remain unchanged.

Their most recent CVP analysis is shown. If they enact the $8\%$ price increase, what will be their new break$-$even point in units and dollars?

$\backslash$table$[[,$Current$],[$Units sold,,$950],[$Sales price per unit,$$,125],[$Variable cost per unit,$$,98],[$Contribution margin per unit,$$,27],[$Fixed costs,$$,23,000],[$Break$-$even $($in units$),,852],[$Break$-$even $($in dollars$),$$$,106,500],[$Sales$,$$$,118,750],[$Variable costs,,$93,100],[$Contribution margin,$$,25,650],[$Fixed costs,,$23,000],[$Gross income $($loss$),$$$,2,650]]$