Required1. Compute the break-even point in dollar sales under the (a) Existing b

Required1. Compute the break-even point in dollar sales under the (a) Existing business strategy and (b) New strategy that alters both unit sales price and variable costs.2. Prepare a forecasted contribution margin income statement with two columns showing the expected results of (a) The existing strategy and (b) Changing to the new strategy. The statements should report sales total variable costs (unit and packaging) contribution margin fixed costs income before taxes income taxes and net income. Also determine the after-tax return on sales for these two strategies.