Al Hasan company manufactures and sells boots at $400 each pair. The variable expenses for each pair is estimated to be $200 and the annual fixed expenses were forecasted to be $100,000, Al Hasan had targeted a profit of $400.000. For the first five months of the year, only 350 pairs had been sold at the established price, with variable expense as planned, and it was clear that the target profit for the year would not be reached unless some actions were taken. Al Hasan's president assigned a management committee to analyze the situation and develop several alternative courses of action. The following two alternatives were presented to the president, only one of which can be selected. 1. Reduce the selling price by $40. The marketing department forecasts that with the lower price, 2,800 units could be sold during the remainder of the year. 2. Lower variable expenses per unit by $25 through the use of less expensive materials. Because of the difference in materials the selling price would have to be lowered by $30 and sales of 2.500 units for the remainder of the year are forecast Required: a. If no changes are made to the selling price or cost structure, estimate the number of units that must be sold during the year to break even b. If no changes are made to the selling price or cost structure, estimate the number of units that must be sold during the year to attain the target profit of $400,000 c Determine which of the alternatives Al Hasan's president should select to maximize profit (Non anonymous question) (10 points) Fupload file