Apple Inc. is planning to introduce a new product line, and the company expects to sell 1,000 units in the first quarter. Calculate the following:

Item	Amount ($)
Total cost of production	$1,000,000
Projected revenue	$2,500,000
Gross profit margin	60%

Additional Requirements:

1. Determine the break-even point in dollars.
2. Calculate the percentage increase in gross profit margin if the selling price per unit increases by 10%.