Part 7 Cost-Volume-Profit Analysis (25 Points) Joan Products distributes a single product, a woven basket whose selling price is $20 (per unit) and whose variable expense is $12 [per unit]. The company's monthly fixed expense [cost] is $12,000. Required 1. Solve for the company's break-even point in unit sales. Show computations. 2. Determine the company's break-even point in Total Sales Dollars. Show computations. 3. Construct the Cost-Volume.Profit graph. Label lines, and indicate the breakeven point in units and dollars. Do not try to draw to scale. 4. Discuss graphical considerations. 1. Break-even point in Units 2. Break-even in Total Sales Dollars 3. Cost-Volume-Profit graph [Do Not try to draw to scale] 4. Graphical Considerations A. Explain how the lines on a Cost-Volume-Profit graph and the break-even point would change if The selling price per unit increased. B. Explain how the lines on a Cost-Volume-Profit graph and the break-even point would change if Fixed [costs] expenses decreased. Part 7 Cost-Volume-Profit Analysis (25 Points) Joan Products distributes a single product, a woven basket whose selling price is $20 (per unit) and whose variable expense is $12 [per unit]. The company's monthly fixed expense [cost] is $12,000. Required 1. Solve for the company's break-even point in unit sales. Show computations. 2. Determine the company's break-even point in Total Sales Dollars. Show computations. 3. Construct the Cost-Volume.Profit graph. Label lines, and indicate the breakeven point in units and dollars. Do not try to draw to scale. 4. Discuss graphical considerations. 1. Break-even point in Units 2. Break-even in Total Sales Dollars 3. Cost-Volume-Profit graph [Do Not try to draw to scale] 4. Graphical Considerations A. Explain how the lines on a Cost-Volume-Profit graph and the break-even point would change if The selling price per unit increased. B. Explain how the lines on a Cost-Volume-Profit graph and the break-even point would change if Fixed [costs] expenses decreased