Problem 1. (40 points) a) (25 points): i) Determine the breakeven volume from the data below. Total fixed cost = $450, Variable cost/unit = $25, Revenue/unit = $35. ii) For the data in (i), determine the profit that can be made for a volume of 50. b) (15 points): In a complex assembly operation, it is found the learning curve rate is 70%. The standard time of 6 minutes per assembly is reached after the 60th unit. Find the time required for the very first unit