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Last year Minden Company introduced a new product and sold 2 5 , 6 0 0 units of it at a price of $ 1

Last year Minden Company introduced a new product and sold 25,600 units of it at a price of $100 per unit. The product's variable expenses are $70 per unit and its fixed expenses are $834,000 per year.
Required:
What was this product's net operating income (loss) last year?
What is the product's break-even point in unit sales and dollar sales?
Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price: If the company will only consider price reductions in increments of $2(e.g., $68, $66, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit?
What would be the break-even point in unit sales and In dollar sales using the selling price that you determined in requirement 3?
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