Johnson Company produces and sells souvenior magnets to be sold by the tourist souvenir stores. Last year, Johnson company sold 198, 400 units. The income statement for johnson company for last year is as follows: Sales $992,000 Less: Variable expenses 545.600 Contribution Margin 5446,400 Less: Fixed expenses 180.000 Operating income $266,400 1. Compute the break even point in units and in revenues. 2. Suppose that the selling price decreases by 8%. Will the break even point increase or decrease? Recompute the break even point in units. 3. Suppose the variable cost per unit decreases by 50.20. Will the break even point increase or decrease? Recompute the break even point in units, 4. Can you predict whether the break even point increases or decreases if both the selling price and the unit variable cost decrease? Recompute the breakeven point in units incorporating both of the changes in Requirements 283.(Rounding to the nearest whole unit) 5. Assume that total fixed costs increase by 550,000. Assume no other changes from the original data) Wil the break-even point increase or decrease? Recompute it. (Rounding to the nearest whole unit)