Pharoah Company had sales in 2021 of $1,350,000 on 60,000 units, Variable costs totaled $810,000, and fixed costs totaled $450,000 A new raw material is wailable that will decrease the unit variable costs by 20% (or $2.70 ). However, to process the new raw material. foed operating costs will increase by $90,000. Management feels that one half of the decline in the unit variable costs should be passed on to customers in the form of a sales price reduction. The marketing department expects that thils sales price reduction wit! result in a 5% increase in the number of units sold. (a) Prepare a projocted CVP income statement for 2022, assuming the changes have not been made. (Round per unit cost to 2 decimal places, e.8. 5.25 and all other answers to 0 decimal places, e.s. 1,225.) (b) Prepare a projected CVP income statement for 2022, assuming that changes are made as described. (Round per unit cost to 2 decimal places, e.s. 5.25 and all other answers to 0 decimal places, e.8. 1,225.)