Question: PLEASE HELP!! Product Design and Process SelectionHomework 1. Vision Optics is hoping to produce a new line of glasses. The company estimates fixed costs to

PLEASE HELP!!

Product Design and Process SelectionHomework

1. Vision Optics is hoping to produce a new line of glasses. The company estimates fixed costs to be $40,000 with a variable cost of $45 per unit. a. If the selling price is set at $100, what would be the breakeven point?b. If the selling price is lowered to $80, the company can expect to sell 2,000 units. What would be the total contribution to profit from this product at this price? c. Vision estimates that if it offers the glasses at $100 per unit, the company will sell about 1,500 units. Will the pricing strategy of $100 per unit or $80 per unit generate a higher profit?

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