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Kimmel, Accounting, 6e CALCULATOR PHINTER VERSION BACK NEXT Problem 19-1A Your answer is partially correct. Try again. Hidlands Inc. had a bad yer in 2016. For the first time in its history, it operated at a loss. The company's Income statement sh ales $1,500,000; total costs and expenses $1,620,000; and net loss $120,000. Costs and expenses consisted ncome statement showed the following results from selling 75,000 units of product: net Total Varlable Flxed Cost of goods sold Selling expenses Administrative expenses $956,000 516,000 148,000 $1,620,000 $451,000 91,000 58,000 $600,000 $505,000 425,000 90,000 $1,020,000 tanagement is considering the following independent alternatives for 2017 Increase unit selling price 30% with no change in costs and expenses. Cange the compensation of salespersons from fixed annual salaries totaling $205,000 to total salaries of S35.000 plus a 5% commission on net sales. Purchase new high-tech factory machinery that will change the proportion between variable and foxed cost of goods soid to 50:50 a) Compute the break-even point in dollars for 2017. (Round contribution margin ratio to 2 decimal places e.g. 0.25 and final answer to 0 decimal places, eg2510.) reak-even point b Computethe break even point in dollars under eac or the a ternative courses of action. (Round contribution margin ratio to 4 dec mal places eg asi 2 and nna, ans ers to 1,700,000 ecimal places, e.g. 2,510.) Break-even point . Increase selling price Change compensation Purchase machinery hich course of action do you recommend? LINK TO TEXT