Homework: Chapter 3 Practice Problems Question 3, E3-25 (similar to) Part 4 of 9 HW Score: 62. Points: 0.8 The Stapleton Company manufactures and sells pens. Currently, 5,600,000 units are sold per year at 50.00 per unit. Fixed costs are $890,000 per year Vanable costs are $0.40 per unit Read the requirements Requirement 1. What is the current annual operating income? (a) Start by determining the formula to calculate operating income Units sold Selling price Variable costs 01- Fixed costs Operating income The current annual operating income is $ 230,000 (b) What is the current breakeven point in revenues? Determine the formula to calculate the breakeven point in revenues Breakeven units The current breakeven point in revenues equal Selling price Breakeven revenues