Question 2 Warm Hands, a small company in Prince Edward Island, manufactures and sells two types of lightweight gloves for runners - Warm and Cozy. Current revenue, cost and unit sales data for the two products appear below: Warm Cozy Selling price per pair $ 8.00 $ 12.00 Variable expenses per pair $ 2.00 $ 6.00 Number of pairs sold monthly 2700 units 900 units Fixed costs are $3,240 per month. Required: 1. Compute the break-even point in units for the company as a whole and for each product. 2. How many pairs of gloves must be sold overall if the company wants to make an after- tax target profit of $8,400 and the tax rate is 30%. Assume that the sales mix remains the same as shown above. 3. The company has developed another type of gloves that provide better protection in extreme cold called Toasty. The company plans to sell Toasty for $20 per pair. They estimate they will sell 900 pairs per month. The variable expense would be $16 per pair. The company's fixed expenses would not change. Compute the new break-even point in sales dollars for the company as a whole