InstructionDeliverables: Minimum 3 full page paper, exclusive of title page and references Activity Details: Step 1: Breakeven Analysis from Gitman, L. J. (2006). Principles of Managerial Finance (13th ed., p. 549). Upper Saddle River, NJ: Prentice Hall. Step 2: Introduction and Answers: Begin the project with an introduction that describes what the Breakeven Analysis is and how it is used in business. Answer the following five questions 1. What would be Mollycaits’ operating break-even point? 2. What would be Mollycaits’ EBIT on the department store order? 3. If Molly renegotiates the contract at a price of $ 10.00 per figurine, what will the EBIT be? 4. If the store refuses to pay more than $8.00 per unit but is willing to negotiate quantity, what quantity of figurines will result in an EBIT of $4,000? 5. At this time, Mollycaits come in 15 different varieties. Whereas the average variable cost per unit is $6.00, the actual cost varies from unit to unit. What recommendation would you have for Molly and Caitlin with regard to pricing and/or the numbers and types of units that they offer for sale? Step 3: Organize your analysis Systematically describe the steps to perform an accurate Breakeven Analysis. Prepare a draft that organizes the points you want to make in a logical and systematic way. Be clear, cogent, and concise. Conclude with a summary that explains the importance of the Breakeven Analysis and how it can make the difference between profit or loss as well as business sustainability