PROFIT MAXIMIZATION TUTORIAL Jackson Ltd has forecast annual demand for its Jumping Jack trampolines to be 5000 units at the current selling price of N$200 per unit. For every N\$20 change in selling price it expects that demand will change by 500 units. Material and direct labour costs of the trampolines are N$120 per unit. Overheads at different volume levels are forecast to be: - 2000 units: Total overheads =N$210000 - 4000 units: Total overheads =N$300000 - 6000 units: Total overheads = N\$390000 Required: Calculate the selling price and volume that will maximise profits from the trampoline, and the profit that will be achieved at this selling price and volume