PLEASE SOLVE THIS.

Problem 8-8 Performing a Comprehensive CVP Analysis (LO2 -CC5, 6) The Central Valley Company is a manufacturing firm that produces and sells a single product. The company's revenues and expenses for the last four months are given below Central Valley Company Comparative Income Statement April March 6,600 May 7,650 June 9,200 Sales in units Sales revenue Less: Cost of goods sold 6,100 $778,800 $719,800 $902,700 $1,085,600 13,400388,692 553,656 $365,400 $331,108 $433,296 S 531,944 Gross margin Less: Operating Expenses $64.700 $52.800 $. 68,200 $ 63,000 Shipping expense Advertising expense Salaries and commissions Insurance expense Amortization expense 94,000 94,000 165,600 135,000 169,500 17,000 50,000 94,000 94,000 165,500 17,000 50,000 17,000 50,000 17,000 50,000 Total operating expenses $391,300 $348,800 $398,700 389,500 Net income $ (25,900 (17,692) 34,596 142,444 Required 1. Management is concerned about the losses experienced during the spring and would like to know more about the cost behaviour. Develop a cost equation for each of the costs. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Cost of goods sold Shipping Salaries & commission 67,38011.10 per unit 64,12453.21 per unit 22,4764.97 per unit 2. Assume that fixed costs are incurred uniformly throughout the year. Compute the annual break-even sales, and the profit if 85,000 units are sold during the year. (Round "Break-even sales" answer to nearest whole number.) Break-even sales units Annual profit (85,000 units) 3. Calculate the change in profit if the selling price were reduced by $12.5 each and annual sales were to increase by 8,200 units