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Pharoah Compary operates a small factory in which itmanufactures two products; C and D. Production and sales results for last year were as follows. For

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Pharoah Compary operates a small factory in which itmanufactures two products; C and D. Production and sales results for last year were as follows. For purposes of simplicity, the firm averages total fixed costs over the total number of units of C and D produced and sold; The research department has developed a new product (E) as a replacement for product D. Market studies show that Pharoah Company could sell 11,900 units of E next year at a price of $114; unit variable costs of E are $45. The introduction of product E will lead to a 11% increase in demand for product C and discontinuation of product D. If the company does not introduce the new product, it expects next year's results to be the same as last year's. Compute compary profit with products C&D and with products C&E. Net profit with products C \& D $ Net profit withproducts C&E$ Should Pharoah Company introduce product E next year

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