E7-28A (Similar to) Monet Industries is planning on purchasing a new piece of equipment that will increase the quality of its production. It hopes the increasec breakeven point is $300,000 in sales revenue. If the company's fixed expenses increase by $55,000 due to the equipment, what will its ne Monet Industries' foxed expenses increase by $55,000 due to the equipment, what will its new breakeven point be (in sales revenue)? Begin by identiflying the general formula to compute the breakeven sales in dollars. Foxed expenses Operating income Contribution margin ratio Breakeven sales in dollars Monet will now have to generate $ of sales revenue to break even Enter any number in the edit fields and then click Check Answer All parts showing Clear All esc 1 2 3 4 6 Q W E T Y U A S k H LO LL LL Question Help production. It hopes the increased quality will generate rpore sales. The company's contribution margin ratio is 20 % , and its current ue to the equipment, what will its new breakeven point be in sales revenue)? even point be (in sales revenue)? Breakeven sales in dollars Clear All Check Answer MacBook Pro DD ES $12 & 6 7 C delete { } Y U O P J K