Outback Outfitters sells recreational equipment. One of the company's products a small camp stove, sells for $110 per unit Variable expenses are $77 per stove, and fixed expenses associated with the stove total $158.400 per month Required: 1 What is the break-even point in unit sales and in dollar sales 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break even point Assume that the fixed expenses remain unchanged.) a. At present the company is selling 12.000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% Increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of 570.000 per month Complete this question by entering your answers in the tabs below. Required: Required 2 Required Required 4 At present the company is selling 12.000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format Income statements. one under present operating conditions, and one as operations would appear after the proposed changes. Contribution Income Statement Outback Outfitters Present 12,000 Stoves Total Por unit $ 110 771 335 0 Proposed 15,000 Stoves Total Per ini 99 $ Sales Variable expenses Contribution margin Fbed expenses Net operating income 77 22 5 0 168.400 158,400 $(158,367) $ (158,378)