Break$-$even sales under present and proposed conditionsPortmann Company, operating at full capacity, sold $1,000,000$ units at a price of $$187$ per unit during the current year. Its income statement is as follows:Line Item DescriptionAmountAmountSales$$187,000,000$Cost of goods sold$(98,000,000)$Gross profit$$89,000,000$Expenses:Selling expenses$$15,000,000$Administrative expenses$14,300,000$Total expenses$(29,300,000)$Operating income$$59,700,000$The division of costs between variable and fixed is as follows:Line Item DescriptionVariableFixedCost of goods sold$70\%30\%$Selling expenses$75\%25\%$Administrative expenses$50\%50\%$Management is considering a plant expansion program for the following year that will permit an increase of $$9,350,000$ in yearly sales. The expansion will increase fixed costs by $$4,000,000$ but will not affect the relationship between sales and variable costs.Required:$1.$Determine the total variable costs and the total fixed costs for the current year.Total variable costsfill in the blank $1$ of $2$$Total fixed costsfill in the blank $2$ of $2$$$2.$Determine $($a$)$ the unit variable cost and $($b$)$ the unit contribution margin for the current year.Unit variable costfill in the blank $1$ of $2$$Unit contribution marginfill in the blank $2$ of $2$$$3.$Compute the break$-$even sales $($units$)$ for the current year.fill in the blank $1$ of $1$units$4.$Compute the break$-$even sales $($units$)$ under the proposed program for the following year.fill in the blank $1$ of $1$units$5.$Determine the amount of sales $($units$)$ that would be necessary under the proposed program to realize the $$59,700,000$ of operating income that was earned in the current year.fill in the blank $1$ of $1$units$6.$Determine the maximum operating income possible with the expanded plant.fill in the blank $1$ of $1$$$7.$If the proposal is accepted and sales remain at the current level, what will the operating income or loss be for the following year? fill in the blank $1$ of $2$$fill in the blank $2$ of $2$Income Loss