Problem #1: Relevant Information (24 points) Pitch Corp. manufactures a product that it normally produces and sells at a volume of 140,000 units per year. Revenue and cost data for the year ended December 31, 2022 reveals: REQUIRED: 1. Selling Price $400.00 per unit Manufacturing Costs: Direct Materials $92.75 per unit Direct Labor $22.50 per unit Variable Overhead $12.75 per unit Fixed Overhead $25.00 per unit Selling, General, and Administrative Costs: Commissions 5.0% of Sales Other Variable SG&A $2.00 Fixed SG&A $12,375,000 Compute the annual breakeven point for Pitch Corp. in units sold and sales dollars. Annual Breakeven Point in Units Sold (2 points) Annual Breakeven Point in Total Sales Dollars (2 points) Supporting Calculations Required: Your Answers 2. Problem Set #2 Page 3 of 17 Assume that Pitch Corp. continues to produce and sell at a volume of 140,000 units during 2022. This volume utilizes approximately 90.0% of the Company's production capacity. In April 2022, the sales manager of Pitch Corp. is approached by Johnnie5 Inc. with an offer to purchase 20,000 units at a special, one-time price of $138.50 per unit. a. Compute the amount of excess capacity that Pitch Corp. has available during 2022 to accept the special order from Johnnies Inc. Excess Capacity Available (2 points) Supporting Calculations Required: Your Answers b. Ignore your answer to 2a. Assume Pitch Corp. has sufficient excess capacity to accept the special order from Johnnies Inc. If Pitch Corp. accepts the special order: It would incur a one-time packaging cost of $12,500. It would not pay the commission. It would incur all other relevant costs. Compute the amount of the incremental profit (loss) that Pitch Corp. would generate if it chose to accept the special order from Johnnies Inc. Incremental Profit (Loss) from the Special Order (8 points) Supporting Calculations Required: