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Crane Corp's sales slumped badly in 2020. For the first time in its history, it operated at a low. The company's income statement showed the

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Crane Corp's sales slumped badly in 2020. For the first time in its history, it operated at a low. 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 varie Cost of goods sold Selling expenses Administrative expenses Total Variable Fixed $2.507.615 $2.025,415 $482,200 295.250 108.652 186.598 248,010 80.308 167.702 53.050,875 $2,214,375 $836,500 Management is considering the following independent alternatives for 1. Increase unit selling price 25% with no change in costs expenses and sales volume. 2. Change the compensation of salespersons from foed annual salaries totaling $177.150 to total salaries of $70,860 plus a 5% commission on sales. Compute the break-even point in dollars for 2020. Break-even point $ Compute the contribution margin under each of the alternative courses of action. Contribution margin for alternative 1 Contribution margin for alternative 2 Compute the break-even point in dollars under each of the alternative courses of action. Break-even point for alternative 1 $ Break-even point for alternative 2 $ Which course of action do you recommend

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