Presented is the 2009 contribution income statement of Colgate Products. COLGATE PRODUCTS Contribution Income Statement For Year Ended December 31, 2009 Sales (6,000 units) $720,000 Less variable costs Cost of goods sold Selling and administrative $240,000 66,000 (306,000) 414,000 Contribution margin Less fixed costs Manufacturing overhead 290,000 Selling and administrative Net income 90,000 (380,000) $34,000 Next year, Colgate expects an increase in variable manufacturing costs of $6 per unit and in fixed manufacturing costs of $24,000. (a) If sales for 2010 remain at 6,000 units, what price should Colgate charge to obtain the same profit as last year? $ 0 (b) Management believes that sales can be increased to 8,000 units if the selling price is lowered to $105. What would be the excepted profit (or loss) as a result of this action? Use a negative sign with your answer, if appropriate. (c) After considering the expected increases in costs, what sales volume is needed to earn a pretax profit of $34,000 with a unit selling price of $105? units