Required: (answer each question independently by referring to the original data): 1. Assuming that Newton's projections are accurate, what will be its absorption costing net operating income (loss) in its rst year of operations? 2. Newton is considering investing in a higher quality raw material that will increase its direct materials cost by $1 per unit. It estimates that the higher quality raw material will increase sales by 1,000 units. What will be the company's revised absorption costing net operating income (loss) if it invests in the higher quality raw material and continues to produce 25,000 units? 3. Newton is considering raising its selling price by $1.00 per unit with an expectation that it will lower unit sales by 1,500 units. What will be the company's revised absorption costing net operating income (loss) if it raises its price by $1.00 and continues to produce 25,000 units? 4. Assuming that Newton's projections are accurate, what will be its variable costing net operating income (loss) in its rst year of operations? 5. Newton is considering investing in a higher quality raw material that will increase its direct materials cost by $1 per unit. It estimates that the higher quality raw material will increase sales by 1,000 units. What will be the company's revised variable costing net operating income (loss) if it invests in the higher quality raw material and continues to produce 25,000 units? 6. Newton is considering raising its selling price by $1.00 per unit with an expectation that it will lower unit sales by 1,500 units. What will be the company's revised variable costing net operating income (loss) if it raises its price by $1.00 and continues to produce 25,000 units? 7. What is Newton's breakeven point in unit sales? What is its breakeven point in dollar sales? 8. What is the company's projected margin of safety in its first year of operations? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What is the company's projected margin of safety in its rst year of operations? (Negative amounts should be indicated by a minus sign. Round your intermediate calculations to the nearest whole number.) :1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required F' Required 8 Newton is considering investing in a higher quality raw material that will increase its direct materials cost by $1 per unit. It estimates that the higher quality raw material will increase sales by 1,000 units. What will be the company's revised absorption costing net operating income (loss) if it invests in the higher quality raw material and continues to produce 25,000 units? Show lessA ( Required1 Required3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Newton is considering raising its selling price by $1.00 per unit with an expectation that it will lower unit sales by 1,500 units. What will be the company's revised absorption costing net operating income (loss) if it raises its price by $1.00 and continues to produce 25,000 units? 'i;] ( Requiredz Requiredcl > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required I" Required 8 Assuming that Newton's projections are accurate, what will be its variable costing net operating income (loss) in its first year of operations? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Newton is considering investing in a higher quality raw material that will increase its direct materials cost by $1 per unit. It estimates that the higher quality raw material will increase sales by 1,000 units. What will be the company's revised variable costing net operating income (loss) if it invests in the higher quality raw material and continues to produce 25,000 units? ( Required4 Required > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Requiredl Required 7 Required 8 Newton is considering raising its selling price by $1.00 per unit with an expectation that it will lower unit sales by 1,500 units. What will be the company's revised variable costing net operating income (loss) if it raises its price by $1.00 and continues to produce 25,000 units? ( Required5 Required? > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required F' Required 8 What is Newton's breakeven point in unit sales? What is its breakeven point in dollar sales? (Do not round your intermediate calculations and round your nal answers to the nearest whole number.) Breakeven point in unit sales Breakeven point in dollar sales ( Required RequiredB > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 3' Required 8 What is the company's projected margin of safety in its rst year of operations? (Negative amounts should be indicated by a minus sign. Round your intermediate calculations to the nearest whole number.) ( Required 7 Newton Company manufactures and sells one product. The company assembled the following projections for its rst year of operations: Variable costs per unit: Manufacturing: Direct materials $ 29 Direct labor $ 16 Variable manufacturing overhead $ 4 Variable selling and administrative $ 2 Fixed costs per year: Fixed manufacturing overhead $450,966 Fixed selling and administrative expenses $ 70,356 During its rst year of operations Newton expects to produce 25,000 units and sell 20,000 units. The budgeted selling price ofthe company's only product is $66 per unit