Question 1 of 4 Current Attemptin Progress - 2.5 JO Midlands Inc. had a bad year in 2019. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 78.000 units of product net sales $1.560.000 total costs and expenses $1.976,000, and net loss $416,000. Costs and expenses consisted of the following Fixed Cost of goods sold Selling expenses Administrative expenses Total $1.320.400 504,600 151.000 $1.976,000 Variable S785.000 91000 50.000 5906 000 $535.400 413.600 911000 51.040.000 Management is considering the following independent alternatives for 2020. 1 2 increase unit selling price 25% with no change in costs and expenses. Change the compensation of salespersons from fixed annual salaries totaling $197.000 to total salaries of $42,010 plus a 596 commission on net sales. Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50 3 (a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio to 4 decimal places 23.02512 and final answer to O decimal plane 2510 Break-even point the alternative courses of action for 2020. (Round contribution margin ratio new-high-tech factory machinery that will change the proportion between variable 50:50. (a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio to 4 decimal place to decimal places, es, 2,510.) Break-even point $ (b) Compute the break-even point in dollars under each of the alternative courses of action for 2020. (Rou to 3 decimal places es. 0.251 and final answers to decimal places, s. 2510) Break-even point 1. Increase selling price $ 2. Change compensation $ 3. Purchase machinery $ Which course of action do you recommend? e Textbook and Media Attempts of 5 used Save for Later SAMSUNG