Alpine Thrills Ski Company recently expanded its manufacturing capacity. The firm will now be able to produce up to 22,000 pairs of cross-country skis of either the mountaineering model or the touring model. The sales department assures management that it can sell between 16,000 and 20,000 units of either product this year. Because the models are very similar, the company will produce only one of the two models. The following information was compiled by the accounting department. Model Touring MountaineeringSelling price per unit $132.00 $120.00Variable costs per unit 79.20 79.20Fixed costs will total $554,400 if the touring model is produced but will be only $475,200 if the mountaineering model is produced. Alpine Thrills Ski Company is subject to a 40 percent income tax rate. (Round each answer to the nearest whole number.)Required:1. Compute the contribution margin ratio for the mountaineering model.2. If Alpine Thrills Ski Company desires an after-tax net income of $33,120, how many pairs of mountaineering skis will the company have to sell?3. How much would the variable cost per unit of the mountaineering model have to change before it had the same breakeven point in units as the touring model?4. Suppose the variable cost per unit of mountaineering skis decreases by 10 percent, and the total fixed cost of mountaineering skis increases by 10 percent. Compute the new break-even point.5. Suppose management decided to produce both products. If the two models are sold in equal proportions, and total fixed costs amount to $514,800, what is the firm’s break-even point in units?