J Co JCo is setting up an online business importing and selling jewelry headphones. The cost of each set of headphones varies depending on the number purchased, although they can only be purchased in batches of 1,000 units. It also has to pay import taxes which vary according to the quantity purchased. JCo has already carried out some market research and identified that sales quantities are expected to vary depending on the price charged. Consequently, the following data has been established for the first month: Number of batches Average cost per unit Total fixed costs Expected selling price imported and sold including import taxes per month per unit $ $ $ 10.00 10,000 20 8.80 10,000 3 7.80 12,000 16 12,000 5 14,000 Required: Calculate how many batches Co should import and sell to maximize profit. (you will score marks only if calculations are provided) 18 AWN 6.40 6.40 13 12