Note: For all the questions, provide detailed solution steps. Question 1: (25 points, 5 each) George LTD Company produces a product. Let a be the number of units sold. The variable cost is $79 and the fixed cost is $ 78 000. Each unit has a selling price of $15. *) Determine the total revenue equation b) Determine the total cost equation c) Determine the profit equation d) Determine the number of units that must be sold for the company to earn a profit of $120 000 e) Determine the number of units that must be sold for the company to earn a profit. Page 2 of 6