7 Points 100 Submitting an external tool Attempts 0 Allowed Attempts 1 Available Mar 16 at 11am - Mar 17 at 11pm 1 day Her 1 System Announcements NEXT CALCULATOR PRINTER VERSION BACK Crane Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 590,500 units of product sales $2,952,500, total costs and expenses $3,050,875, and net loss 598,375. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $2,507,615 $2,025,415 $482,200 Selling expenses 295,250 108,652 186,598 Administrative expenses 248,010 80,300 167,702 $3,050,675 52,214,375 5836,500 Management is considering the following independent alternatives for 2021. 1. Increase unit selling price 25% with no change in costs, expenses and sales volume 2. Change the compensation of salespersons from fixed annual salaries totaling $177,150 to total salaries of $70,000 plus a common on sale Compute the brakeven point in dollars for 2020. break-even point Compute the contribution margin onder each of the alternative courts of action Contribution margin for travel Contribution margin for trive 2 Compute the break even put in dotare under each of the turnative course of action Break-even point formative direk even point to start 2