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Lakeside Incorporated produces a product that currently sells for $58 per unit. Current production costs per unit include direct materials, \$15 5, direct labot \$17.5; variable overhead, $10.5; and lixed ovethead, \$10.5. Product engineering has determined that certain production changes could refine the product qualty and functionality. These new production changes would increase material and labor costs by 20% per unit. Required: a. What would be the incremental profit or loss if Lakeside could seil the refined version of its product for $63 per unit? Note: Do not round your intermediate calculations. Round your final answer to 2 decimal places, Loss amounts should be indicated with a minus tign. b. Snovid it be processed further