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Please show work and formulas Costs and Demand 17.688 Euros The Hohner Marine Band harmonica retailed for in Germany (see Exhibit 2). German retailers generally

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Costs and Demand 17.688 Euros The Hohner Marine Band harmonica retailed for in Germany (see Exhibit 2). German retailers generally insisted on a 33% margin, and distributors took a 12% margin, based on the selling price of each. Hohner and its direct competitors sold a total of 800,000 units annually, with Hohner's share at 75%. Hohner faced variable manufacturing costs of 2.70 per Marine Band, with fixed manufacturing costs of 900,000 and an annual advertising budget of 500,000. The Marine Band manager's salary and expenses totaled 35,000. Marine Band salespeople working for Hohner were paid solely by a 10% commission on Hohner's sales. Shipping costs, breakage, and insurance were 0.60 per unit. Question 1 What is Hohner's variable cost per harmonica? (Keep 3 decimals and use the 3 decima! compute the rest of your answers in this assignment) to Question 2 2 pts Provide the amount for Hohner's total fixed costs below. (Only include numbers in your final answer, no commas or dollar signs). Question 3 2 pts What is Hohner's break-even point in harmonicas? (Rounding instructions: Do not round intermediate calculations. For example, Hohner's sales price is 17.688 so use this full amount. For your final answer, round up to the nearest harmonica and only include numbers in your answer. Do not include commas or text) Question 4 What market shave does Hohner need to break-even? (Round to one decimal place and provide the answer in a pen with a % sign. For example, if the answer is .1012, which is 10.12%, then write 10.1% in your submission below.) D Question 5 3 pts What is Hohner's operating income? (Only include numbers in your final answer, no commas or dollar signs.) D Question 6 3 pts Hohner is considering raising its advertising budget to 1 million, which would be a 500,000 increase from the original case details. With this increase of advertising costs, how many units must Hohner sell to achieve the same operating income (in terms of dollar amount) next year as it earned this year (this is the amount from the previous question)? Only include numbers in your answer. Round up to the nearest unit, you can't sell 1/2 of a harmonica

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