Sandhill 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 560,500 units of product: sales $2,802,500, total costs and expenses $2,907,360, and net loss $104,860. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $2,391,700 $1,838,440 $553,260 Selling expenses 280,250 103,132 177,118 Administrative expenses 235,410 76,228 159,182 $2,907,360 $2,017,800 $889,560 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 $168,150 to total salaries of $67,260 plus a 4% commission on sales. Compute the break-even point in dollars for 2020 Break-even point Compute the contribution margin under each of the alternative courses of action Contribution margin for alternative 1 Contribution margin for alternative 2 MESSAGE Break-even point Compute the contribution margin under each of the alternative courses of action. Contribution margin for alternative 1 Contribution margin for alternative 2 % 9 Compute the break-even point in dollars using the contribution margin ratio under each of the alternative courses of action. Break-even point for alternative 1 Break-even point for alternative 2 I $ Which course of action do you recommend? Click if you would like to Show Work for this question: Open Show Work