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Your answer is partially correct. Try again Tanek Corp.'s sales slumped badly in 2017. For the first time in its history, it operated at a

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Your answer is partially correct. Try again Tanek Corp.'s sales slumped badly in 2017. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 590,500 units of product: sales $2,952,500, total costs and expenses $3,070,600, and net loss $118,100. Costs and expenses consisted of the amounts shown below Total Variable Cost of goods sold Selling expenses Administrative expenses $2,527,340 $1,877,790 108,652 80,308 $649,550 186,598 167,702 $3,070,600 $2,066,750 $1,003,850 295,250 248,010 Management is considering the following independent alternatives for 2018 1. Increase unit selling price 20% with no change in costs, expenses, and sales volume 2. Change the compensation of salespersons from fixed annual salaries totaling $177,150 to total salaries of $70,860 plus a 6% commission on sales. (a) Compute the break-even point in dollars for 2017. (Round final answer to O decimal places, e.g. 1,225.) Break-even point 669,233 (b) Compute the contribution margin under each of the alternative courses of action. (Round final answer to o decimal places, e.g. 1,225.) Contribution margin for alternative 1 Contribution margin for alternative 2 41.67 0% 24

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