Household Products, Inc., estimates 2000 costs to be as follows:

Direct materials $\$ 4$ per unit Direct labor S6 per unit Variable manufacturing overhead $\$ 2$ per unit Variable selling and administrative expenses ..... $\$ 1$ per unit Fixed expenses ..... $\$ 50,000$

1. Assuming that Household will sell 40,000 units, what sales price per unit will be needed to achieve a $\$ 60,000$ profit?

2. Assuming that Household decides to sell its product for $\$ 16$ per unit, determine the break-even sales volume in dollars and units.

3. Assuming that Household decides to sell its product for $\$ 16$ per unit, determine the number of units it must sell to generate a $\$ 50,000$ profit.