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5. The Westover Company manufactures and sells pens. Present sales output is 5,300,000 units per year at a selling price of S0.50 per unit Fixed costs are $910,000 per year. Variable costs are S0.30 per unit. Required Requirement 1. (a) What is the present operating income for a year? Start by determining the formula to calculate operating income I Units sold xSelling price Variable costsFixed costs Operating income The current annual operating income is 150000 Requirement 1. (b) What is the present breakeven point in revenues? Determine the formula to calculate the breakeven point in revenues Breakeven units Selling price = Breakeven revenues The present breakeven point in revenues equals S 2275000 (Hold all decimals in interim calculations. Round your final answer to the nearest whole dollar.) Requirement 2. Compute the new operating income or loss for cases a, b, and c. (Use parentheses or a minus sign to show an operating loss) a. A 50.05 per unit increase in variable costs results in a new operating income or loss of S b. A 10% increase in fixed costs and a 10% increase in units sold results in a new operating income or loss of c. A 20% decrease in fixed costs, a 20% decrease in seling price, a 30% decrease in vanable cost per unit, and a 40% ncrease n units so result in a new operating income or osso S Requirement 3. Compute the new breakeven point in units for cases a and b a. A 10% increase in fixed costs creates a new breakeven point at b. A 10% increase in selling price and a $10,000 increase in fixed costs creates a new breakeven point at units units