Question #1 A production manager has obtained the following estimates of costs/revenues for radios. Their plan is to produce this model of radio for 3 years Yearly sales 20,000 units/year (steady stateo growth expected) Sales Price $180/unit Variable Cost- $120.79/unit Initial Investment s1,125,00 (10) A. How many units does the company need to produce/sell to breakeven (4) B. Does the company break even during year 1? (6) C. How much PROFIT does the company make over the 3-year production run? Extra Credit D. Suppose the company can reduce the Variable Costs by $10.00 per unit if they invested in the "latest technology" for $1,500,000 (vice $1,125,000). Based upon the potential profitability over the 3 year period only, should the company invest in the latest technology? (2)