Benson Company currently produces and sells 6,600 units annually of a product that has a variable cost of $6 per unit and annual fixed costs of $354,600. The company currently earns a $81,000 annual profit. Assume that Benson has the opportunity to invest in new labor-saving production equipment that will enable the company to reduce variable costs to $4 per unit. The investment would cause fixed costs to increase by $9,400 because of additional depreciation cost. Required a. Use the equation method to determine the sales price per unit under existing conditions (current equipment is used). b. Prepare a contribution margin income statement, assuming that Benson invests in the new production equipment. Complete this question by entering your answers in the tabs below. Required A Required B Use the equation method to determine the sales price per unit under existing conditions (current equipment is used). Sales price per unit Required A Required B a. Use the equation method to determine the sales price per unit under existing conditions (current equipm b. Prepare a contribution margin income statement, assuming that Benson invests in the new production ec Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution margin income statement, assuming that Benson invests in the new production equipment BENSON COMPANY Contribution margin Income statement