Cabin Creek Company is considering adding of a new line of kitchen cabinets. The companys accountant provided the following estimated data for these cabinets: Annual sales $ 800 units Selling price per unit $ 3,700 Variable manufacturing costs per unit $ 1,700 Variable selling costs per unit $ 550 Incremental fixed costs per year: Manufacturing $ 495,400 Selling $ 75,000 Allocated common costs per year: Manufacturing $ 100,000 Selling and administrative $ 132,000 If the kitchen cabinets are added as a new product line, the company expects that the contribution margin earned from selling its other products will decrease by $240,000 per year. Required: What is the annual financial advantage (disadvantage) of adding the new line of kitchen cabinets? What is the lowest selling price per unit that could be charged for the cabinets and still make it economically desirable for the company to add the new product line