Break-even sales in dollars

Klinken Corporation's contribution margin ratio on the sale of its most popular product is 42%. The product is priced at $96. annual fixed expenses are $880,000. Management is evaluating two options: (1) lowering variable costs by 20% and (2) reducing fixed expenses by 20%. Required: Calculate the current level of break-even sales in dollars, as well as the break-even sales for the two options. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Break even sales in dollars Option 1. Break-even sales in dollars Option 2 Break-even sales in dollars $ $ 1.641.791 1,676 190