AssignmentAttachment_99F37CB92 This account does not allow editing on your device. For an account with full access, contact your organization about your subscription plan IV-7.....Iage Sign in Critical Thinking Question Q2- Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data on the two products follow: Hawaiian Fantasy Tahitian Joy Selling price per unit $15 $100 Variable expenses per unit 9 Number of units sold annually 20,000 5,000 Fixed expenses total $475,800 per year. The Republic of Palau uses the U.S. dollar as its currency 20 3. The president of the company examines your figures and says, There's something strange here. Our fixed costs have not changed, and you show greater total contribution margin if we add the new product, but you also show our break-even point going up. With greater contribution margin, the break-even point should go down, not up. You've made a mistake somewhere. Explain to the president what has happened