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Problem 7-14 (Algo) Audio Cables, Inc. is currently manufacturing an adapter that has a vortable cost of $0.75 per unit and a selling price of $150 per unit Fixed costs are $14,000. Current sales volume is 30,000 units. The firm con substantially improve the product quality by adding a new plece of equipment at an additional fixed cost of $6.000. Vortable costs would increase to $0.90, but sales volume should jump to 50,000 units due to a higher quality product. a. What is the current profit and proposed profit of the sales of AudioCables? (Negative amounts should be indicated by a minus sign.) 5 10.000 Current profit Proposed profit $ 2.000 b. Should Audio Cables buy the new equipment? NO ho Yes There is insufficient Information provided to answer this