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Oriole Manufacturing's sales slumped badly in 2022 due to so many people purchasing gifts online. The company's income statement showed the following results from

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Oriole Manufacturing's sales slumped badly in 2022 due to so many people purchasing gifts online. The company's income statement showed the following results from selling 500,000 units of product: net sales $2,150,000; total costs and expenses $2.529,730, and net loss $379,730. Costs and expenses consisted of the following Total Cost of goods sold $2.009,730 Variable $1,305,000 Fixed $704.730 Selling expenses Administrative expenses 210,000 310,000 $2.529.730 55,000 155,000 155,000 155,000 $1,515,000 $1,014,730 Management is considering the following alternative for 2023 Purchase new automated equipment that will change the proportion between variable and fixed expenses to 45% variable and 50% fed

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