ACC 2354 Hand-In Assignment - Four Question 1 Break-Even Point; After-Tax Net Income; Profit-Volume Graph (LO 1,3) The Asian Division of Worldwide Reference Corporation produces a pocket dictionary containing popular phrases in six Asian languages. Annual budget data for the coming year follow. Projected sales are 100,000 books. Sales $2,000,000 Costs: Variable Fixed $ 600,000 -0 400,000 Direct material Direct labour Manufacturing overhead Selling and administrative100,000 300,000 200,000 220,000 Total costs $1,400,000 $420,0001,820,000 Budgeted operating income $ 180,000 Required: 1. Calculate the break-even point in units and in sales dollars. 2. If fixed costs increased $63,000 with no other cost or revenue factor changing, compute the firm's break-even sales in units. 3. Assuming the original data, prepare a profit-volume graph for the Asian Division. 4. Due to an unstable political situation in the country in which the Asian Division is located, management believes the country may split into two independent nations. If this happens, the tax rate could rise to 50 percent. Assuming all other data as in the original problem, how many pocket dictionaries must be sold to earn $180,000 after taxes