Part 1 Citrus company buys a variety of citrus fruit from growers and then processes the fruit into a product line of fresh fruit, juices, and fruit flavorings. Current annual sales revenue Current Variable costs Current Fixed costs totaled $2,000,000 35% of Sales $600,000 Sweet Grove is evaluating 2 independent strategies designed to enhance profitability. You need to refer to the original data above to evaluate these two independent strategies. Strategy #1. This strategy is to purchase more automated process equipment. This strategy would increase fixed costs by $100,000 This strategy would decrease variable costs to 25% of sales Strategy #2. This strategy is to outsource the fruit processing. This strategy would reduce fixed costs by This strategy would increase variable costs to $125,000 40% of sales Required: Answer the following questions below the question and use cell references to make your computations. 1. What is the current contribution margin ratio? 2. What is the current break-even point in sales dollars? 3. Determine the margin of safety in sales dollars