Requirements 1. If Atomtronics prices the phone/tablets at $350 each, how much operating income will the company make over the product's life cycle? What is the operating income per unit? 2. Excluding the initial product design costs, what is the operating income in each of the three sales phases of the product's life cycle, assuming the price stays at $350 ? 3. How would you explain the change in budgeted operating income over the product's life cycle? What other factors does the company need to consider before developing the new combination phone/tablet product? 4. Atomtronics is concerned about the number of units it expects to sell in the first sales phase. The company is considering pricing the phone/tablet at $290 for the first 6 months and then increasing the price to $350 thereafter. With this pricing strategy, Atomtronics expects to sell 28,000 units instead of the originally forecast 25,000 units in the first sales phase, and the same number of units for the remaining life cycle. Assuming the same cost structure as given in the problem, which pricing strategy would you recommend? Explain Requirement 1. If Atomtronics prices the phone/tablets at $350 each, how much operating income will the company make over the product's life cycle? What is the operating income per unit? Begin by preparing the life cycle income statement in order to determine how much operating income the company will make over the product's life cycle. Data table