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Problem 3: Last year Pei Wei introduced a new product and sold 15,000 units of it at a price of $80 per unit. The

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Problem 3: Last year Pei Wei introduced a new product and sold 15,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $517,800 per year. 1. What was this product's net operating income (loss) last year? (10 points) 2. What is the product's break-even point in unit sales and dollar sales? (10 points)

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