Global Inc. is a small distribulor of rriechanical pencils. Globel idenifies its three majox activilies arid cost pools as ordering, receivirng and storage, and EEB (Click the icon to view the activity and cost pool details.) (Click the icon to view the 2016 operating income ) (Click the icon to view aditional information ) Read the reaurement and it ts the following delails for 2016 Reference The purcthase price per pack in 2017 is$ 4.75 Total Per Unit Now that we have determined the new selling price and purchase price for 2017, determine the operating income for 2017. Then, cakculate the per Revenues S 2, 500,000 s 10.00 Costs Total Per Unit Purchase cost of pencils Ordering costs Receiving arnd slorage Shipping 1250,000 10,000 300,000 0.000 500 0.16 1.20 0.36 S2 3500009 40 Costs Purchase cost of poncil packs Ondering costs Receiving and storage Shipping 51,18,500 40 000 300,000 90,000 1,617,500 5 7325D0 4.75 0 16 1.20 0.36 647 1.60,000 6.72 3.28 Total costs S 820,000 S Operating income Total costs Print Done Operating income How much must Gicbal reduce its total cost and cost por unit if it is to eam the same target operating income in 2017 as it eaned in 2016 (and thereby eam its requ In refering to the 2016 operatig income, Glnbal vill ed to reduce its total costs by srper unit i it is to achieve its target operating income in 2017 Enter any number in the edit fields and then cick Check Answer urn on per unit if it is