EconomicsApply the cost-volume- utility model for the graphical and mathematical definition of the equilibrium point.A company dedicated to the manufacture of its only product, a waterproof bluetooth speaker, presents the following information:Annual fixed costs: $1,500,000 Variable costs per unit: Housing: $20.- Buttons: $5.- Card: $10.- The sale price is calculated based on a desired marginal contribution of 60%. Calculate the equilibrium point in units and weights of the company, Draw up the corresponding graph, Prepare the status of results as a check.