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Wildhorse Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,440 per month. One of the barbers serves as the manager and receives an extra $565 per month. In addition to the base rate, each barber also receives a commission of $8,50 per haircut. Other costs are as follows. Wildhorse currently charges $15 per haircut. Compute the contribution margin under each of the alternative courses of action. Contribution margin for alternative 1 Contribution margin for alternative 2 Compute the break-even point in dollars under each of the alternative courses of action. Break-even point for alternative 1 \$ Break-even point for alternative 2 Which course of action do you recommend? Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25) Total variable cost per haircut Total fixed eTextbook and Media Attempts: 0 of 5 used (b) The parts of this question must be completed in order. This part will be availabie when you complete the part above Ivanhoe 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 $2,802,600, and net loss $100,100. Costs and expenses consisted of the amounts shown below. Management is considering the following independent alternatives for 2021. 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 $162.150 to total salaries of $64,860 plus a 4 commission on sales. Compute the break-even point in dollars for 2020 . Break-even point eTextbook and Media (b) Compute the contribution margin under each of the alternative courses of actiont Contribution margin for alternative 1