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Q: Please give the answers of alternative 2, 3, and 4.

Athena's Ornaments sells handmade ornaments for $45 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) .. Athena, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: (Click the icon to view the options.) Read the requirement Evaluate each of the alternatives considered by Athena's Ornaments. (Use parentheses or a minus sign for an operating loss.) Alternative 1 Data table Sales revenue Variable cost Sales revenue ($45 per ornament) $ 585,000 Contribution margin Variable cost ($25 per ornament) 325,000 Fixed cost Contribution margin 260,000 Operating income (loss) Fixed cost 156,000 104,000 Operating income MMM Print Done Help me solve this Calculator ToonOMT Check answer Athena's Ornaments sells handmade ornaments for $45 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Athena, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: (Click the icon to view the options.) Read the requirement. . Evaluate each of the alternatives considered by Athena's Ornaments. (Use parentheses or a minus sign for an operating loss.) Alternative Alternative 1 2 More info Sales revenue $ 614,250 341,250 Variable cost Contribution margin 273,000 1. 2. 3. Fixed cost 201,000 Spend $45,000 on advertising, which should result in a 5% increase in sales. Increase selling price to $47 per ornament, which is expected to decrease sales by 5%. Automate some steps in the manufacturing process, which would increase fixed costs by $36,000 and decrease variable cost to $20.00 per unit. Sales would remain the same. Increase the selling price to $49 and decrease variable costs to $21. This alternative would result in a 10% decrease in sales. $ 72.000 Operating income (loss) 4. Print Done