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need help witu part b please Blossom Corp's sales slumped badly in 2020. For the first time in its history, it operated at a loss.
need help witu part b please
Blossom Corp's sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 500,500 units of product: sales $2,502,500, total costs and expenses $2,615,550, and net loss $113,050. Costs and expenses consisted of the amounts shown below. Management is considering the following independent alternatives for 2021. 1. Increase unit selling price 20% with no change in costs, expenses, and sales volume. 2. Change the compensation of salespersons from fixed annual salaries totaling $150,150 to total salaries of $60,060 plus a 695 commission on sales. Your answer is correct. Compute the break-even point in dollars for 2020. Break-even point Compute the contribution margin under each of the alternative courses of action. (Round contribution margin ratio to 0 decimal places, e.8. 50%.) Contribution margin for alternative 1 Contribution margin for alternative? % \% 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 Step by Step Solution
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