Question 4 of 4 3/5 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 77.000 units of product: net sales $1540,000; total costs and expenses $1,939,000, and net loss $399,000. Costs and expenses consisted of the following, Cost of goods sold Selling expenses Administrative expenses Total $1.278,800 511,200 149.000 $1,939,000 Variable $778,000 90,000 56,000 $924,000 Fixed $500,800 421,200 93,000 $1.015,000 Management is considering the following independent alternatives for 2020. Increase unit selling price 20% with no change in costs and expenses. Change the compensation of salespersons from fixed annual salaries totaling $198,000 to total salaries of $45,015 plus a 5% commission on net sales 3 Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50 1. 2 (a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio to 4 decimal places es. 0.25 12 and final answer to decimal places, eg, 2.510) Break-even points 2537500 ) Compute the break-even point in dollars under each of the alternative courses of action for 2020. (Round contribution martin ratio to 3 decimal places es 0.251 and final answers to decimal places, es 2510.) Break-even point Increase selling price 2030000 2 Chance compensation 3 Purchase machinery With connection de vos recommend Artamote totused