Oriole Corp.s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The companys income statement showed the following results from selling 555,500 units of product: sales $ 2,777,500, total costs and expenses $ 2,869,875, and net loss $ 92,375. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $ 2,358,815 $ 1,905,365 $ 453,450 Selling expenses 277,750 102,212 175,538 Administrative expenses 233,310 75,548 157,762 $ 2,869,875 $ 2,083,125 $ 786,750 Management is considering the following independent alternatives for 2021. 1. Increase unit selling price 25% with no change in costs, expenses, and sales volume. 2. Change the compensation of salespersons from fixed annual salaries totaling $ 166,650 to total salaries of $ 66,660 plus a 5% commission on sales (b) 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 $