The Contral 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. Required 1. Management is concerned about the losses experienced during the spring and would like to knoy more about the cost behaviout. Develop a cost equation for each of the costs, (Oo not round intermediate calculations, Round "Pli Unit" answers to 2 decimal places.) 2. Assume that fixed costs are incurred uniformly throughout the year. Compute the annual break-even sales, and the profit if B3,500 units are sold during the year. (Round "Break-even sales" answer to nearest whole number) 3. Calculate the change in profit if the selling price were reduced by 512,00 each and annual sales were to increase by 8,000 units. 4. Determine the change in profit if the company were to increase advertising by $115,000 and if this were to increase sales by 8.000 units. 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. 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.) 2. Assume that fixed costs are incurred uniformly throughout the year. Compute the annual break-even sales, and the profit if 83,500 units are sold during the year. (Round "Break-even sales" answer to nearest whole number.) 3. Calculate the change in profit if the selling price were reduced by $12.00 each and annual sales were to increase by 8,000 units. 4. Determine the change in profit if the company were to increase advertising by $115,000 and if this were to increase sales by 8,000 units