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please answer each part :) thank you :) (also please show the answer clearly) Current Attempt in Progress Wildhorse Corp's sales slumped badly in 2022.

please answer each part :)
thank you :)
(also please show the answer clearly)
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image text in transcribed
Current Attempt in Progress Wildhorse Corp's sales slumped badly in 2022. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 505,500 units of product: sales $2,527,500, total costs and expenses $2,611,875, and net loss $84,375. Costs and expenses consisted of the following amounts. Management is considering the following independent alternatives for 2023. 1. Increase the unit selling price 25% with no change in total costs, total expenses, and sales volume. 2. Change the compensation of sales personnel from fixed annual salaries totaling $151,650 to total salaries of $60,660 plus a 5% commission on sales. All other total costs, total expenses, and total sales remain unchanged. 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 sales 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

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