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 Statemert ril 5,600 March June May 6,900 8,200 $756,400 $694,400 855,600 $1,016,800 518,568 6,100 Sales in units Sales revenue Less: Cost of goods sold 400,150 374976 444912 Gross margin Less: Operating Expenses $356,250 $319,424 $410,688 $ 498,232 Shipping expense Advertising expense Salaries and commissions Insurance expense Amortization expense $63,700 53,800 67,20065,500 86,500 176,000 14 500 47,500 86,500 86,500 86,500 164,100 7500 167,000 14,500 47,500 14,500 47,500 14 500 47,500 Total operating expenses $376,300 $339 800 $382,700 390,000 Net income $ (20,050) (20,376) 27,988 108,232 Required: 1. 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 2. Assume that fixed costs are incurred uniformly throughout the year. Compute the annual break-even sales, and the profit if 77,500 units are sold during the year. (Round "Break-even sales" answer to nearest whole number.) Break-even sales units Annual profit 77,500 units)