An electronics firm is currently manufacturing an item that has a variable cost of $0.45 per...

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An electronics firm is currently manufacturing an item that has a variable cost of $0.45 per unit and a selling price of $7.45 per unit. Fixed costs are $16,000. Current volume is 30,000 units. The firm can substantially improve the product quality by adding a new piece of equipment at an additional fixed cost of $6,000. Variable cost would increase to $0.60 and the selling price would be revised to $7.60 with the expectation that the volume would be 55,000 units as a result of a higher-quality product. If the firm does not add new equipment, its profit will be = If the firm does add new equipment, its profit will be = (round your response to the nearest whole number and include a minus sign if the profit is negative). (round your response to the nearest whole number and include a minus sign if the profit is negative). An electronics firm is currently manufacturing an item that has a variable cost of $0.45 per unit and a selling price of $7.45 per unit. Fixed costs are $16,000. Current volume is 30,000 units. The firm can substantially improve the product quality by adding a new piece of equipment at an additional fixed cost of $6,000. Variable cost would increase to $0.60 and the selling price would be revised to $7.60 with the expectation that the volume would be 55,000 units as a result of a higher-quality product. If the firm does not add new equipment, its profit will be = If the firm does add new equipment, its profit will be = (round your response to the nearest whole number and include a minus sign if the profit is negative). (round your response to the nearest whole number and include a minus sign if the profit is negative).

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