QUESTION #2 COST-VOLUME PROFIT ANALYSIS The Apple Company manufactures a total variable costs of the product are $18 per unit and the company's fixed costs are $120,000. Required: Answer each of the following questions. The management of the Apple Company wants to earn an annual after tax income (net income) of $42,000. The company is subject to an income tax rate of 40%. (Refer to the original information provided: Selling Price $30, Variable Costs $16 and Fixed costs of $112,000). Determine the number of units of product that must be sold to earn the target after- tax net income. Answer: Question 20 Not yet answered Marked out of 1.00 P Flag question The sales manager for Apple Company anticipates that the market price will increase to $40 per unit. According to the production manager, the variable costs are expected to increase to $24 per unit but fixed costs will remain at $120,000. Based on these new predictions, what is the company's new Break-Even Point in units (ignore taxes)