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Oriole Corp.'s sales slumped badly in 2020. For the first time in...

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Accounting

Oriole Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement
showed the following results from selling 540,500 units of product: sales $2,702,500, total costs and expenses $2,803,440, and net
loss $100,940. Costs and expenses consisted of the amounts shown below.
Management is considering the following independent alternatives for 2021.
Increase unit selling price 20% with no change in costs, expenses, and sales volume.
Change the compensation of salespersons from fixed annual salaries totaling $162,150 to total salaries of $64,860 plus a 4%
commission on sales.
(a)
Compute the break-even point in dollars for 2020.
Break-even point $
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(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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