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Problem 6-1A (Video) CALCULATOR PRINTER VERSION 4 BACK Your answer is partially correct. Try again 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 $1,540,000; 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 $500,000 421,200 93,000 $1,015,000 Management is considering the following independent alternatives for 2020, 1. Increase unit selling price 20% with no change in costs and expenses. 2. Change the compensation of salespersons from foued 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. (a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio to 4 decimal places e.. 0.25 12 and final answer to o decimal places, e.g. 2,510.) Break-even point 2537500 (b) Compute the break-even point in dollars under each of the alternative courses of action for 2020. (Round contribution margin ratio to 3 decimal places e.g. 0.251 and final answers to o decimal places, e.g. 2,510.) Break-even point 1. Increase selling price 2030000 Return to Blackboard Weygandt, Managerial Accounting, se elp System Announcements CALCULATOR PRINTER VERSION change recompensar sarees were NUTS FONTES Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50. 4 BACK NI Compute the break-even point in dollars for 2019. (Round contribution margin ratio to decimal places e.g. 0.2512 and final answer to o decimal places, e.4. 2,510.) ak-even point 2537500 Compute the break-even point in dollars under each of the alternative courses of action for 2020. (Round contribution margin ratio to 3 decimal places .0. 0.251 and n/answers to o decimal places, e.g. 2,510.) Break-even point Increase selling price 2030000 Change compensation 2462900 Purchase machinery 2616734 Alternatively hich course of action do you recommend? Ick if you would like to Show Work for this question: Open Show Work

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