Ex 7 Glasgow Enterprises furnishes the following information for October 2016 Required Sale price per unit Variable cost per unit Total fixed cost Total Units produced/sold $ 3,200 $ 2,200 $1,600,000 8,000 units 1. Compute Glasgow's breakeven point in units and dollars. Prove your answer 2. Compute the number of units required to eam a target net profit of $ 600,000. Prove your answer using the income statement approach (ignore income tax). 3. Compute the fixed costs of the company if BEP (units) is 6,400 units and the selling price per unit is S 3,200 and the variable cost per unit is $ 2,200. 4. Calculate the profit earned by the company at the current level of operations (as given)