The Maxwell Company manufactures and sells a single product. Price and cost data regarding Maxwell's product and operations are as follows: $25.00 Selling price per unit Variable cost per unit Raw materials Direct Labor Manufacturing Overhead 11.00 5.00 2.50 Fixed Manufacturing Overhead $192,000 $276,000 Annual Fixed Selling and Administration Variable Selling costs per unit sold $1.30 Forecasted Annual Sales Volume (120,000 units) $3,000,000 Required: Show your calculations 1. Maxwell's breakeven point in units is? 2. Maxwell's breakeven point in dollars is? 3. How many units would Maxwell Company have to sell in order to earn $156,000 before taxes? 4. Maxwell Company estimates that its direct labor costs will increase 8 percent next year. How many units will Maxwell have to sell next year to reach breakeven point? 5. If Maxwell Company wants to earn $80,000 after taxes (tax rate is 20%), what is the number of units sold and the total sales (assume direct labor did increase by 8 percent)