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Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runnersWarm and Cozy. Current revenue, cost,

Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runnersWarm and Cozy. Current revenue, cost, and unit sales data for the two products appear below: Warm Cozy Selling price per pair $ 5.00 $ 7.50 Variable expenses per pair $ 1.25 $ 3.75 Number of pairs sold monthly 2,700 units 900 units Fixed expenses are $3,240 per month. Required: 1. Assuming the

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