East Publishing Company is doing an analysis of a proposed new finance text. Using the following data, answer Parts a through e. Fixed Costs (per edition): Development (reviews, class testing, and so on) $18,000 Copyediting 5,000 Selling and promotion 7,000 Typesetting 40,000 Total $70,000 Variable Costs (per copy): Printing and binding $4.20 Administrative costs 1.60 Salespeople’s commission (2% of selling price) .60 Author’s royalties (12% of selling price) 3.60 Bookstore discounts (20% of selling price) 6.00 Total $ 16.00 Projected Selling Price $ 30.00 The company’s marginal tax rate is 40 percent. a. Determine the company’s breakeven volume for this book. •i. In units ii. In dollar sales b. Develop a breakeven chart for the text. c. Determine the number of copies East must sell in order to earn an (operating) profit of $21,000 on this text. d. Determine total (operating) profits at the following sales levels: i. 3,000 units •ii. 5,000 units iii. 10,000 units e. Suppose East feels that $30.00 is too high a price to charge for the new finance text. It has examined the competitive market and determined that $24.00 would be a better selling price. What would the breakeven volume be at this new selling price?