The company produces and sells a single product. Data for the product is below. Selling price...

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The company produces and sells a single product. Data for the product is below. Selling price per unit Variable cost per unit $ 150 Contribution margin per unit 90 $ 60 The company's current fixed costs are $307,000 and it sells 6,000 units. Management is thinking about changing a production component that will increase variable cost per unit by $2. The new component will improve the product's reliability and sales are expected to increase by 200 units. If this change is made, what will be the effect on the company's net income? Show all work! The company produces and sells a single product. Data for the product is below. Selling price per unit Variable cost per unit $ 150 Contribution margin per unit 90 $ 60 The company's current fixed costs are $307,000 and it sells 6,000 units. Management is thinking about changing a production component that will increase variable cost per unit by $2. The new component will improve the product's reliability and sales are expected to increase by 200 units. If this change is made, what will be the effect on the company's net income? Show all work!