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TEAM ASSIGNMENT (40 PTS) Case 3-33 in Noreen Text INDIVIDUAL ASSIGNMENT (35 PTS) Required: 1. Solve requirement 1. as written in the text. Use EXCEL. 2. Based on the data in requirement 2. of the text: a) Prepare a segmented income statement, by product line, similar to the middle statement presented at Exhibit 5-8 on page 188 of the Noreen text. b) Solve requirement 2.a. as written in the text... \"What is the break-even point in units for each product?\" Only solve break-even by product line; not for the company overall. c) Solve requirement 2.b. as written in the text... \"If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Explain your results.\" Why are you getting the results you are? Does this make sense? d) Given the data in part 2 of the problem, and your results from b) and c), solve for the \"overall break-even\" point in units for the company and determine how many of units of each product must be sold to reach breakeven. Be sure your units computed by product line don't exceed the \"normal annual sales volume.\" Explain what your assumptions are at reaching these results