8:52 PM Mon Feb 8 osu.instructure.com B23a-Yz Company produces and sells four products. Information about these products for August is given below: Product #1 $88 Product #2 selling price per unit variable costs per unit number of units sold $61 2,300 $102 $ 85 2,700 Product #3 Product #4 selling price per unit $111 $72 variable costs per unit $ 76 $47 number of units sold 4,600 3,400 The fixed costs for August amounted to $251,340. In order to improve profitability, B23a-Yz Company made the following changes in September: 1. Adjusted the selling price of Product #2. 2. Automated a portion of the production process related to Product #2. This reduced the variable costs of Product #2 by $6 per unit. 3. Increased the advertising for Product #2 by $13,482. These changes resulted in the number of units of Product #2 that were sold doubling. However, these changes also resulted in the sales of Product #1 decreasing by 20% as some customers started buying Product #2 instead of Product # 1. Assume the sales of Product #3 and Product #4 were not impacted by these changes. Calculate the selling price per unit for Product #2 needed in September in order for the September net income to be 30% larger than the August net income. 51%