need help with 16 and 17

Lily's Bakery is planning to introduce a new wedding cake to its product mix called the 2nd Time Around Cake" aimed at an older market segment Lily believes this is potentially a very profitable market segment that will support a high a market price of $400 per cake Liy desires an operating profit equal to 60% of costs. What is the highest acceptable product cost for which Lly would be willing to produce this new cake? Multiple Choice $250 $150 $160 A company has provided the following data: Sales Sales price Variable cost Fixed cost 4,600 Units $ 80 per unit $ 60 per unit $35,000 If the sales volume decreases by 25%, the variable cost per unit increases by 15%, and all other factors remain the same, operating profit wil