Pharoah Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities Last year Pharoah evaluated 62,900 math tests and 20,967 reading tests. An income statement for last year follows Math Testing Reading Testing Total Total Per Unit Total Per Unit Company Sales revenue $1,572.500 125 $1,581 $2,474,081 Variable expenses 1,000.00 17 419,340 20 1,485,540 Contribution margin $503.200 $8 9482,241 $23 Fred expenses 31000 Operating income $615,441 What is Pharoah's breakeven point in a dose your answer of weakeven units to calculate the breakeven prolet inders. However units and point is dollar to decimal places, .. 5.275) Braven sales In an effort te alue the demand for reading tests, managers relating to lower the price from per test to $25 per test, the current price of the math test. They believe that doing so will increase the demand for reading tests to 62,000. Prepare a contribution format income statement reflecting Pharoah's new pricing and demand structure Pharoah Profile Centralen Math Testing Reading Testing Total Per Total Company Total Per Unit What is Pharoah's breakeven point in sales dollars (Use your answer of breakewe wnits to calculate the breakeven point in dollars. Round Brennits and point in dollar to o decimal places, Breakeven sales In an effort to raise the demand for reading tests, managers are planning to lower the price from $10 per test to $25 per test, the current price of the math test. They believe that doing so will increase the demand for reading tests to 62,000. Prepare a contribution format income statement reflecting Pharoah's new pricing and demand structure. Pharoah Profiles Contribution Income Statement Hath Testing Reading Testing Total Per Unit Total Per Unit Total Company What will be Pharoah's break even point in sales dollars it this change is implemented? (use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to decimal places... 5,275) Breakeven sales Do you recommend that Pharoah make the change? Recommendation Pharoah make the change