Variable cost (per bowl) Direct materials Direct manufacturing labor Variable overhead (manufacturing, marketing, distribution, and customer service) Total variable cost per bowl Fixed costs Manufacturing $3.00 $8.00 $7.50 $18.50 $ 20,000 Marketing, distribution, and customer service $194,500 Total fixed costs Selling price Per Unit Expected sales, Income tax rate $214,500 $35.00 22,000 units 40% 2a. What is the projected net income for 2017? NOI (4+2+3+2+3+2=16) 2b. What is the breakeven point in units for 2017? 2c. Mr. J has set the revenue target for 2018 at a level of $875,000. He believes an additional marketing cost of $16,500 for advertising in 2018, with all other costs remaining constant, will be necessary to attain the revenue target. What is the net income for 2018 if the additional $16,500 is spent and the revenue target is met? 2d. What is the breakeven point in revenues for 2018 if the additional $16,500 is spent for advertising? 2e. If the additional $16,500 is spent, what are the required 2018 revenues for 2018 net income to equal 2017 net income? 2f. At a sales level of 25,000 units, what maximum amount can be spent on advertising if a 2018 net income of $108,450 is desired