Last year Minden Compary introduced a new product and sod 25 . 800 unts of it at a price of $100 pet unh. The precucts veriable 4xpenses are 570 per unit and 4 ficed expenses are $837300 per year. Required: 1. What was this procuctis net opetating incame fossy last year? 2. What is the product's break-even point in urit sakes and doliar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual saies of this product oy 5.000 unts ior is the thanirmum anmual profit that in can earn en this pooduct? What sales wolume and seling price per unit generate the maximum prefr? 4. What would be the break-even point in unit sales and in dollar sakes using the selang price that you determined in recuirement 3 ? Complete this evestien fy entering your anwwers in the tabs belum. Whan was this product's net operating insome (loss) last year? Last yoar Minden Company introduced a new product and soid 25,800 units of it st a price af $500 per uit. The beodicts variatie expenses ave $70 per init and its fived expenses are $837300 per year. Required: 1. What was thit products net opevating income fossp iast year? 2. What is the practucth break-even point in urit sales and doliar sales? 3. Assume the comparip has conducted a marketing study that estimates if can increme annus sales of this product by 5000 unta for each 32 eeductoft in its seling price. If the compary wit only consider price reouctions in increments of 52 (eg, 358.566, atel. what a the maximum annusl proft that 11 can eare on this product? What seies velume and seling price per unit generate the masimet prafii? 4. What would be the bieakieven point in unit sales and in dotar swes using the seakg price that you determined in requremers 3 ? Cempiete this question by entering year answers in the fahs below. What is the areducte treak-even point in unit sales and dotar saies? (De nst round intermediate rakiulatinnt.? Last year Minden Corpary introduced a new procuct and sold 25.800 unes of at a price of $500 per unct. The preducts variable trpentes are $70 per unit and its fied expenses are 5837300 per year. Required: 1. What was this products net operetng income (loss) tast year? 2. What is the products breakeven point in urit sales and dollar sales? 3. Assume the company has conducted a marketing study that estemates it can inciease annual sales of eis product ty 5.000 units for each $2 recuction in as seting price. a the compsyy wil ocly conviter pice recucbons in incremerts of $2 te a. 96 in 366 , etci, what is the masimum annual prost that it can earn en this preduct? What sales volume and seling pitice per init genesate the maxwam profit? 4. What would be the break-even point in unit sales and in dollar sales uting the seling price that you determined ia requieneet 3 ? Complete this auestion by entering your anamers in the tabs below. Aitume the company has coeducted a marketing study that estimates a can increase ansugr syes of this fropuct ty 5.000 units for esch 12 reduction in its seiling price. If the compony wit onily comiler price redustions in increments of 12 (e.9. 168, 166, etei), what is the maximum annual proft that it can earn on this prodoct? What saies velume and seling price per whit generme the mavemum profi? Last year Minden Company introduced a new product and sold 25.800 units af is at a price of $100 per unt. The products variatie 6kgenses are $70 por unit and ats fixed expenses are $637,300 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 dolar soles? 3. A5sume the compary has condocted a marketing study that estimates it can increase annual sales of tivs product by 5.000 unts for each $2 reduction in its selling price. if the company will ony consider price reductions in iacrements of $2 (e. $6.$6.6, etef, what is the maximum annual profit that it can eam on this product? What sales volume and seling price per unit generate the masimum profi? 4. What would be the break-even point in unt sales and in dollar sales using the seing price that you determined in requrentent 3 ? Complete this question by eatering your answers in the tabs below. What would the the break-even point in unit sales and in dollar sajes isiag the seling price that you determined in requirement 3? (Do not round intermedate calculatians.)