Lakeside Incorporated produces a product that currently sells for $46 per unlt. Current production costs per unlt Include direct materlals, \$12.5; direct labor, \$14.5; varlable overhead, \$7.5; and fixed overhead, \$7.5. Product englneering has determined that certal production changes could refine the product quality and functionality. These new production changes would increase materlal and labor costs by 20% per unit. Required: a. What would be the Incremental profit or loss If Lakeside could sell the refined version of its product for $51 per unit? Note: Do not round your Intermedlate calculations. Round your final answer to 2 decimal places. Loss amounts should be Indicated with a minus sign. b. Should it be processed further