Make sure to answer every element being asked within each of the questions. Show all your computations in proper detail while working on the solutions. * Norfitel Corp. is offering a new economy model of its smartphone for $250 at retail price. Within their marketing channel, wholesalers run the bulk logistics downstream while retailers conduct the point of sales & merchandising functions. Retailers command a 30% margin; the Wholesalers charge 20% margin. Norfitel has a fixed cost budget which includes the following: $5 Million for sales & distribution operations to wholesalers, $12 Million for advertising & promotions via television/internet/social-media venues, $3 Million for general & administrative expenditures toward managing this product line. Per Unit, their variable cost structure comprises of the following: $40 for purchase/procurement of the electronic components/circuitries/sub-assemblies, $60 for direct labor & production, $10 for quality inspection, $15 for finishing/packaging/labeling. It forecasts selling 1 Million units in the first year. The development team has also been granted an appropriation of $3.25 Million toward strategic purposes of market research, technical design, product engineering, & telecommunication systems integration configurations applied for this model and their future competitive innovative offerings. (a). - What will be Norfitel's Unit Selling Price for this model? . The development team has also been granted an appropriation of $3.25 Million toward strategic purposes of market research, technical design, product engineering, & telecommunication systems integration configurations applied for this model and their future competitive/innovative offerings. (a). - What will be Norfitel's Unit Selling Price for this model? (b). What is the break-even volume for this model in units and in dollars? Explain in business marketing language what this break-even volume means. What metric would you compare this break-even volume with to check if it's feasible? (c). - If Norfitel targets a profit of $5 Million in this line, what should be its sales figures in units? (d). Now, the financial allocator is requiring this model to also achieve a 10% ROI (retum on investment) to justify its fair utilization of the $3.25 Million strategic advancement budget. Thus, what does the 'relevant' fixed costs NOW become? Compute the necessary sales volume required to achieve this 10% ROI. To this effect, are you using the method of 'expensing' or 'capitalizing" for recovery of these relevant fixed costs