Last year Minden Company introduced a new product and sold 25,500 units of it at a price of $94 per unit. The produ expenses are $64 per unit and its fixed expenses are $832,500 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by s. each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 fee. 50.5.56 is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the n. profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined ia recuif Complete this question by entering your answers in the tabs below. Assume the company has conducted a marketing study that estimates it can increase annual sales of thita groduct if 3 s. units for each $2 reduction in its selling price. If the company will only consifer price reductions in incrementa of 23 (s): $68,$66, etc.), what is the maximu Last year Minden Company introduced a new product and sold 25,500 units of it at a price of $94 per unit. The produ expenses are $64 per unit and its fixed expenses are $832,500 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by s. each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 fee. 50.5.56 is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the n. profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined ia recuif Complete this question by entering your answers in the tabs below. Assume the company has conducted a marketing study that estimates it can increase annual sales of thita groduct if 3 s. units for each $2 reduction in its selling price. If the company will only consifer price reductions in incrementa of 23 (s): $68,$66, etc.), what is the maximu