Newton Company manufactures and sells one product. The company assembled the following projections for Its first year of Variable costs per unit Manufacturing: Direct materials Direct Labor Variable manufacturing overhead Variable selling and adninistrative Fixed costs per year Fixed nanufacturing overhead Fixed selling and adninistrative expenses $458,808 $ 78,808 During Its first year of operations Newton expects to produce 25,000 unlts and sell 20,000 units. The budgeted selling price of the company's only product is $66 per unit (answer each question independently by referring to the original data): 1. Assuming that Newton's projections are accurate, what will be Its absorption costing net operating Income (loss) In Its first year of 2. Newton is consldering Investing In a higher quality raw materlal that will Increase Its direct materlals cost by $1 per unit It estimates that the higher quality raw material will Increase sales by 1,000 unlits. What will be the company's revised absorption costing net operating Income (loss) If It Invests In the hlgher quality raw materlal and continues to produce 25,000 unlts? 3. Newton Is consldering ralsing Its selling price by $1.00 per unlt with an expectation that It will lower unit sales by 1,500 units. What will be the company's revised absorption costing net operating Income (loss) If It ralses Its price by $100 and continues to produce 25,000 unlts? 4. Assuming that Newton's projections are accurate, what will be Its variable costing net operating Income (loss) In Its first year of 5. Newton is consldering Investing In a hlgher quality raw materlal that will Increase Its direct materlals cost by $1 per unit It estimates that the higher quality raw material will Increase sales by 1,000 units. What will be the company's revised varlable costing net operating Income (loss) If it Invests In the higher quality raw materal and continues to produce 25,000 units? 6. Newton is consldering ralsing its selling price by $1.00 per unit with an expectation that It will lower unit sales by 1.500 units. What will be the company's revised varlable costing net operating Income (loss) If It ralses its price by $1.00 and continues to produce 25,000 unlts? 7. What Is Newton's break-even point in unit sales? What Is Its break-even polnt In dollar sales? 8. What Is the company's projected margin of safety In lts first year of operations