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LA || KHU Kimmel, survey of Accounting, 10 FOTO Practice Assignment Gradebook ORION Downloadable eTextbook Assignment CALCRARON CES or Problem 11-3 Flounder Corp.'s sales slumped

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LA || KHU Kimmel, survey of Accounting, 10 FOTO Practice Assignment Gradebook ORION Downloadable eTextbook Assignment CALCRARON CES or Problem 11-3 Flounder Corp.'s sales slumped badly in 2017. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling $75,500 units of product: sales $2,877.500, total costs and expenses $2.992,600, and net loss $115,100. Costs and expenses consisted of the amounts shown below dy Total Variable Fixed Cost of goods sold $2,463,140 51,830,090 5633,050 Selling expenses 287,750 105,092 181 858 Administrative expenses 241.710 78,268 153,442 52,992,600 $2,014,250 $978,350 Management is considering the following independent alternatives for 2018. 1. Increase unit selling price 20% with n change in costs, expenses, and sales volume. 2. Change the compensation of salespersons from fixed annual salaries totaling $172,650 to total salaries of $69,060 plus a commission on sale (a) Compute the break-even point in dollars for 2017. (Round final answer to o decimal places, e. 9. 1,225.) Break-even point 3.5 (b) Compute the break-even point in dollars under each of the alternative courses of action (Round selling price per unit to 2 decimal places, eg 5.25 and other calculations to o decimal places, e.g. 20% and also final answer to o decimal places, e.g. 1,225.) Dom 0 ENG 1154 PM 2020-11-08 O . to search

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