Rachel Robinson is starting a new business (she has a great idea for a new lawn chair). comes to you to get some advice. She gives you the following details: Expected selling price per chair Expected variable cost per chair Fixed costs related to the new product $50.00 20.00 45,700 1 How many chairs will Rachel need to sell to break even? 2 How many chairs will she need to sell to generate $50,000 in net income? (Assume the effective tax rate for the company will be 21%.) Five years have passed and Rachel's lawn chair business has done very well. She now sells two different lawn chair models (Backyard and Oceanside). Here is some information about expected costs and sales volumes for the two models in 2025: Backyard Oceanside Selling price per bag $ 150.00 75.00 35.00 Variable cost per bag 75.00 2,000 225,000 Espected sales per ver (n units)2.00 6,000 Fixed costs per year $ 3 What is the anticipated level of pre-tax profits (in total) given the expected sales volumes? 4 How many chairs, in total, does Rachel have to sell to break even in 2025? 5 Assuming the sales mix doesn't change in the future, what's the breakeven point (in units) for Backyard chairs? Oceanside chairs? MacBook