The McKnight Company manufactures and sells pens. Currently, 5.200,000 units are sold per year at s0.50 per unit. Fixed costs are $910.,000 per year Variable costs are $0.30 per unit Read the requirements I Units sold x Variable costs)-Fixed oostsH Operating income Selling price The current annual operating income is $ (b) What is the current breakeven point in revenues? 130,000 Determine the formula to calculate the breakeven point in revenues. Breakeven units Selling price = Breakeven revenues The current breakeven point in revenues equal S Compute the new operating income for requirements 2 through 4 Requirement 2 A S0.08 per unit increase in variable costs results in a new operating 2,275,000 oss l of S Choose from any list or enter any number in the input fields and then click Check Answer Clear All