Hurricane Products is considering the introduction of a new product with the following price and costs: Selling Price Variable Cost per unit Fixed Costs $300,000 per year $50 Required: 20 a. How many units must be sold to break even? b. How many units must be sold to make a target profit of $15,000 c. If 7,000 units are sold, what is the operating income? d. What would be the BEP in units if the selling price decreased by 20% e. Independent of d., What would be the BEP in sales dollars if the variable cost per unit decreased by 40% f. Independent of d. and e., what would be the BEP in units and sales dollars if fixed costs increased by $50,000? g. Prepare a Contribution Margin Income Statement for each case to proof your work