The Central Valley Company is a manufacturing firm that produces and sells a single product. The companys revenues and expenses for the last four months are given below.

The Central Valley Company is a manufacturing firm that produces and sells a single product. The company's revenues and expenses for the last four months are given below Central Valley Company Comparative Income Statement April 5,900 May 7,350 March June Sales in units Sales revenue Less: Cost of goods sold 8,800 $768,000 $708,000 $882,000 $1,056,000 538,560 6,400 408,100 382,320 458,640 $359,900 $325,680 $423,360 $ 517,440 Gross margin Less: Operating Expenses Shipping expense Advertising expense Salaries and commissions Insurance expense Amortization expense $64,300 53,200 $ 67,800 91,000 168,500 16,000 49,000 91,000 165,000 16,000 49,000 91,000 136,000 16,000 49,000 64,000 91,000 166,500 16,000 49,000 otal operating expenses $385,300 $345,200 $392,300 $ 386,500 Net income $ (25,400) $(19,520) $ 31,060 130,940 Management is concerned about the losses experienced during the spring and would like to know more about the cost behaviour. Develop a cost equation for each of the costs. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Cost of goods sold Shipping Salaries & commission per unit per unit per unit Assume that fixed costs are incurred uniformly throughout the year. Compute the annual break-even sales, and the profit if 82,000 units are sold during the year. (Round "Break-even sales" answer to nearest whole number.) Break-even sales units Annual profit (82,000 units) Calculate the change in profit if the selling price were reduced by $11.5 each and annual sales were to increase by 7,800 units