Required Information [The following information applies to the questions displayed below) Warner Clothing is considering the Introduction of a new baseball cap for sales by local vendors. The company has collected the following price and cost characteristics 5 Sales price Variable costs Fed costs 15 per unit 3 perut 35,000 per month Assume that the company plans to sell 7000 units per month. Consider requirements (6]. (. and (cIndependently of each other Required: a. What will be the operating profil b. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent? What is the impact on operating profit of variable costs per unit decrease by to percent? Increase by 20 percent? d. Suppose that feed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact Will these cost changes have on operating profit for the year? Will profit go up? Down? By how much