please answer all requirements and follow any rounding instructions:)

Ideatronics is going to introduce a combination phone/tablet product. Design and testing will take 8 months. Ideatronics expects to sell 25.000 units during the first 6 months of sales. Sales over the next 12 months are expected to be less robust at 21,000. And, sales in the final 6 months of the expected life cycle are expected to be 8,500, Ideatronics is budgeting for this product as follows: Click the icon to view the cost information.) Read the requirements Requirement 1. If Ideatronics prices the phone/tablets at $375 each, how much operating income will the company make over the product's life cycle? What is the operating income per unit? Begin by preparing the life cycle Income statement in order to determine how much operating income the company will make over the product's life cycle. Projected Life Cycle Income Statement Variable costs: Total variable costs Fixed costs: Total fixed costs Life cycle operating income Data table Variable cost per Unit $66 por unit Total Fixed Cost Months Type of Cost for the Period Months 0-8 Design costs 725,000 Months 9-14 Production $ 1,001,000 Marketing $ 720,000 Distribution $ 436,000 Months 15-20 Production $ 700,000 Marketing 5 1.360,000 Distribution $ 380,000 Months 27-32 Production 5 360,000 Marketing s 420,000 Distribution $ 163,000 Ignore the time value of money, 513 per unit $61 per unit $13 per unit 556 per unit $10 per unit Ideatronics is going to introduce a combination phone/tablet product. Design and testing will take 8 months. Ideatronics expects to sell 25.000 units during the first 6 months of sales Sales over the next 12 months are expected to be less robust at 21,000. And, sales in the final 6 months of the expected life cycle are expected to be 8,500. Ideatronics is budgeting for this product as follows: Click the icon to view the cost information.) Read the resuirements Requirement 1. If ideatronics prices the phone/tablets at $375 each, how much operating income will the company make over the product's life cycle? What is the operating income per unit? Begin by preparing the life cycle income statement in order to determine how much operating income the company will make over the product's life cycle. Projected Life Cycle Income Statement Variable costs Total variable costs Fixed costs: Total fixed costs Life cycle operating income - X Requirements 1. If Ideatronics prices the phone/tablets at $375 each, how much operating Income will the company make over the product's life cycle? What is the operating income per unit? 2. Excluding the initial product design costs, what is the operating income in each of the three sales phases of the product's life cycle, assuming the price stays at $3757 3. How would you explain the change in budgeted operating income over the product's life cycle? What other factors does the company need to consider before developing the new combination phone/tablet product? 4. Ideatronics is concerned about the number of units it expects to sell in the first sales phase. The company is considering pricing the phone/tablet at $315 for the first 6 months and then increasing the price to 5375 thereafter. With this pricing strategy. Ideatronics expects to sell 28.000 units instead of the originally forecast 25,000 units in the first sales phase, and the same number of units for the remaining life cycle. Assuming the same cost structure as given in the problem, which pricing strategy would you recommend? Explain Ideatronics is going to introduce a combination phone/tablet product. Design and testing will take 8 months. Ideatronics expects to sell 25.000 units during the first 6 months of sales. Sales over the next 12 months are expected to be less robust at 21,000. And, sales in the final 6 months of the expected life cycle are expected to be 8,500, Ideatronics is budgeting for this product as follows: Click the icon to view the cost information.) Read the requirements Requirement 1. If Ideatronics prices the phone/tablets at $375 each, how much operating income will the company make over the product's life cycle? What is the operating income per unit? Begin by preparing the life cycle Income statement in order to determine how much operating income the company will make over the product's life cycle. Projected Life Cycle Income Statement Variable costs: Total variable costs Fixed costs: Total fixed costs Life cycle operating income Data table Variable cost per Unit $66 por unit Total Fixed Cost Months Type of Cost for the Period Months 0-8 Design costs 725,000 Months 9-14 Production $ 1,001,000 Marketing $ 720,000 Distribution $ 436,000 Months 15-20 Production $ 700,000 Marketing 5 1.360,000 Distribution $ 380,000 Months 27-32 Production 5 360,000 Marketing s 420,000 Distribution $ 163,000 Ignore the time value of money, 513 per unit $61 per unit $13 per unit 556 per unit $10 per unit Ideatronics is going to introduce a combination phone/tablet product. Design and testing will take 8 months. Ideatronics expects to sell 25.000 units during the first 6 months of sales Sales over the next 12 months are expected to be less robust at 21,000. And, sales in the final 6 months of the expected life cycle are expected to be 8,500. Ideatronics is budgeting for this product as follows: Click the icon to view the cost information.) Read the resuirements Requirement 1. If ideatronics prices the phone/tablets at $375 each, how much operating income will the company make over the product's life cycle? What is the operating income per unit? Begin by preparing the life cycle income statement in order to determine how much operating income the company will make over the product's life cycle. Projected Life Cycle Income Statement Variable costs Total variable costs Fixed costs: Total fixed costs Life cycle operating income - X Requirements 1. If Ideatronics prices the phone/tablets at $375 each, how much operating Income will the company make over the product's life cycle? What is the operating income per unit? 2. Excluding the initial product design costs, what is the operating income in each of the three sales phases of the product's life cycle, assuming the price stays at $3757 3. How would you explain the change in budgeted operating income over the product's life cycle? What other factors does the company need to consider before developing the new combination phone/tablet product? 4. Ideatronics is concerned about the number of units it expects to sell in the first sales phase. The company is considering pricing the phone/tablet at $315 for the first 6 months and then increasing the price to 5375 thereafter. With this pricing strategy. Ideatronics expects to sell 28.000 units instead of the originally forecast 25,000 units in the first sales phase, and the same number of units for the remaining life cycle. Assuming the same cost structure as given in the problem, which pricing strategy would you recommend? Explain