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Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed

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Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year) (1) Contribution margin for current year Contribution margin for projected year (2) Fixed costs for current year Crane Corporation has collected the following information after its first year of sales. Sales were $1,560,000 on 104,000 units; selling expenses $260.000 (40s variable and 605, fixed); direct materials $531,440; direct labor $301,600; administrative expenses $280,800 (208 variable and 800 fixed); and manufacturing overhead $364,000 (70\% variable and 30s fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year, It has projected that unit sales will increase by 10% next vear. Compute the break-even point in sales units and sales dollars for the first year, (Round contribution margin ratio to 1 decimal ploce. eg. 0.5 and final answers to 0 decimal places, es. 2,510.) Break-even point units Break-even point

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