Show Attempt History Current Attempt in Progress Wildhorse Corporation has collected the following information after its first year of sales Sales were $ 1.950.000 on 130.000 unit selling expenses $325.000 (40% variable and 60% wedi direct materials $ 664 300 direct labor $377000 administrative expenses $351.000 (20% variable and BOX fixed and manufacturing overhead $ 455.000 (70% variable and 30 feed. Topment asked you to do CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase ty to next year fa) Your answer is correct Compute (1) the contribution margin for the current year and the projected year, and the fixed costs for the current year (Assume that fixed costs will remain the same in the projected year) (1) $ Contribution margin for current year 390.000 Contribution margin for projected year $ 429.000 $ Fixed costs for current year 612.300 ( (2) (b) Compute the break even point in sales units and sales dollars for the first year. (Round contribution margin ratio to I decimal place eg. 0.5 and final answers to decimal places, eg 2,510) Break-even point units Break-even point s e Textbook and Media Save for Lister Attempts: unlimited Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above