Variable selling expense is $12 per unit; fixed selling and administrative expense totals $270,000. Olivian has a tax rate of 40 percent. Required: 1. Calculate the before-tax profit needed to achieve an after-tax target of $480,000. 2. Calculate the number of units that will yield operating income calculated in Requirement 1 above. If required, round your answer to the nearest whole unit. X units Ferdack Check Wy Work 3. Prepare an income statement for Olivian Company for the coming year based on the number of units computed in Requirement 2. Do NOT round interim calculations and, Ferdack Check My Wrrk 4. What if Olivian had a 35 percent tax rate? Would the units sold to reach a $480,000 target net income be higher or lower than the units calculated in Requirement 2 ? Calculate the number of units needed at the new tax rate. In your calculations, round before-tax income to the nearest dollar. Round your answer to the nearest whole unit. units