“Breakeven Inc. Break Even Analysis with Changing Breakeven***** Inc.Break Even Analysis with Changing InformationOff Road, Inc. (ORI) sells a dune buggy accessory: a gun rack for the roll bar. Actual 2002 and estimated/projected 2003 cost information for the accessory are presented below.Estimated Actual2003 2002Sales* 100,000 89,985Cost of goods sold**Direct materials 22,000 17,140Direct labor 5,000 4,200Variable manufacturing overhead 6,000 5,185Fixed manufacturing overhead 11,000 13,475Gross profit 56,000 49,985Selling Expenses:Sales salaries 12,000 11,500Sales commissions 5,000 4,500Depreciation, sales equipment 2,000 2,000Administrative expenses:Office salaries 12,000 11,200Depreciation, office equipment 1,600 1,400Rent 5,000 4,500Insurance 1,400 1,100Operating Income 17,000 13,785*Sales are based on a selling price of $105 per unit in 2002 and, due to competition, $100 per unit in 2003.**Units produced = units soldManagement has asked you to determine the level of sales necessary for this product to “”break even”” in 2003.”