Problem 5-4A (Video) (Part Level Submission) Sunland 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 575,500 units of product: sales $2,877,500, total costs and expenses $2,973,625, and net loss $96,125. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods $2,444,165 $1,973,965 $470,200 sold Selling expenses Administrative 241,710 78,268 163,442 287,750 105,892 181,858 expenses $2,973,625 $2,158,125 $815,500 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 $172,650 to total salaries of $69,060 plus a 5% commission on sales. Your answer is correct. Compute the break-even point in dollars for 2020. Break-even point s326 Click if you would like to Show Work for this question: Open Show Work 3253 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 4 of 15 used Your answer is incorrect. Try again. Compute the contribution margin under each of the alternative courses of action Contribution margin for alternative 1 3.16 Contribution margin for alternative 2 3.16 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 alternative2 Which course of action do you recommend? Click if you would like to Show Work for this question Qesn Shoy Warh By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor 4