A chair manufacturer has established the following flexible budget for the month. Units Produced and Sold 1,000 1,500 2,000 Sales $10,000 $15,000 $20,000 Variable Costs (5,000) (7,500) (10,000) Fixed Costs (2,000) (2,000) (2,000) Profit $ 3,000 $ 5,500 $ 8,000 Required: a. What is the sales price per chair? b. What is the expected profit if 1,600 chairs are made?Explain how you find the VC in part b?