PUNCH SPORT PUNCH Sport produces and sells a kind of boxing gloves for 280$ a pair since 10 years. The managers are thinking that the sale price is not quite enough in the last years due to the increasing costs. So, in last 5 years m price of the leather increased to 21,50$ from 11,00$ and direct labor increased to 22,50$ from 17,50$. Fixed costs were 179.984$ and increased to 224.775$. Variable overheads increased 30% which is 30,00$ per pair of gloves. A unique glove is produced by 1,5 m of leather and one direct labor hour. QUESTIONS: 1. Compute the breakeven points of 5 years ago and current period by sale quantity and amount. 2. Compute the necessary sale price in order to reach the same quantity breakeven point as 5 years ago. 3. Draw the graphic and prove the correctnes of the current results.