You are told that, Current Sales = 70,000 units Selling price per unit = $70 Variable cost per unit = $20 Total fixed cost = $2,800,000 Management is asking you the following questions: [Please try only one per person] 2. In response to an expected hike of $2 in the variable cost per unit, with all other costs and the firm's current break- even point remaining constant, what must happen to the selling price? Show computation and indicate a dollar amount. 3. In response to an expected hike of $2 in the variable cost per unit, with selling price and the firm's current break-even point remaining constant, what must happen to the firm's total fixed costs? Show computation and indicate a dollar amount. You are told that, Current Sales = 70,000 units Selling price per unit = $70 Variable cost per unit = $20 Total fixed cost = $2,800,000 Management is asking you the following questions: [Please try only one per person] 2. In response to an expected hike of $2 in the variable cost per unit, with all other costs and the firm's current break- even point remaining constant, what must happen to the selling price? Show computation and indicate a dollar amount. 3. In response to an expected hike of $2 in the variable cost per unit, with selling price and the firm's current break-even point remaining constant, what must happen to the firm's total fixed costs? Show computation and indicate a dollar amount. You are told that, Current Sales = 70,000 units Selling price per unit = $70 Variable cost per unit = $20 Total fixed cost = $2,800,000 Management is asking you the following questions: [Please try only one per person] 2. In response to an expected hike of $2 in the variable cost per unit, with all other costs and the firm's current break- even point remaining constant, what must happen to the selling price? Show computation and indicate a dollar amount. 3. In response to an expected hike of $2 in the variable cost per unit, with selling price and the firm's current break-even point remaining constant, what must happen to the firm's total fixed costs? Show computation and indicate a dollar amount.