Ouestion $2$:CVP analysis

Last year Minden Company introduced a new product and sold $15,000$ units of it at a price of $$70$ per unit. The product'svariable expenses are $$40$ per unit and its fixed expenses are $$360,000$ per year.

$($a$)$ What is the product's break$-$event point in unit sales $($i$.$e$.,$ number of units sold$)?($Show your answer in the following space$)$

$($b$)$At the current level of sales, if the number of units sold increases by $15\%,$ what is the percentage change in theproduct's profit? Please use Operating leverage for the analysis.$($Show your answer in the following space$)$

$($c$)$The company has conducted a marketing study that esimates it can increase annual sales of this product by $5.000$ unitsfor each $$2$ reduction in its selling price. If the company will only consider price reductions in increments of $$2($e$.$g$..$ selling price will only be $$68,$ $$66,$ $$64,$ etc$),$ what is the maximium annual profit that it can earn on this$($Show vour analvsis in the following space$)$