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Please use the following graph and information to fill in the blank. Thank you Blanchard Company:r manufactures a single product that sells for $160 per

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Please use the following graph and information to fill in the blank. Thank you

image text in transcribed
Blanchard Company:r manufactures a single product that sells for $160 per unit and whose total variable costs are $123 per unit The company's annual xed costs are $625,000. The sales manager predicts that annual sales of the company's product will soon reach 39.500 units and its price will increase to $195 per unit. According to the production manager. variable costs are expected to increase to $135 per unit. but xed costs will re main at $625000. The income tax rate is 20%. What amounts of pretax and after-tax in come can the companyr expect to earn from these predicted changes? Prepare a forecasted contribution margin income statement _- _

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