Problem 5-4A (Video) (Part Level Submission) Orice Corp's sales slumped badly in 2020. For the first time in its story, it operated at a loss. The company's income statement showed the following results from selling 555,500 units of product sales $2.777,500, total costs and expenses $2,869,875, and net loss $92,375. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $2,358,815 $1,905,365 $453,450 Selling expenses 277,750 102,212 175,538 Administrative expenses 233,310 75,548 157,762 $2,869,875 $2,063,125 $786,750 Management is considering the following independent wternatives for 2021, 1. Increase unt selling price 25% with no change in costs, expenses, and sales volume 2. Change the compensation of salespersons from feed annual salaries totaling 1166,650 to total salaries of $66,660 plus commission on sales (a) Compute the break-even point in dollars for 2020 Break-even points Click if you would like to show Work for this question Open Show Work Attempts: 0 of 10 used SAVE FOR LATER SUSHIT