Determine the contribution margin in dollars per unit and as a ratio. (Round con

Determine the contribution margin in dollars per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places e.g. $5.25 & 10.50%.)Fredonia Inc. had a bad year in 2013. For the first time in its history it operated at a loss. The company s income statement showed the following results from selling 75400 units of product: Net sales $1485380; total costs and expenses $1736000; and net loss $250620. Costs and expenses consisted of the following.Management is considering the following independent alternatives for 2014.(a) Compute the break-even point in dollars for 2014. (Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answers to 0 decimal places e.g. 2510.)(b) Compute the break-even point in dollars under each of the alternative courses of action. (Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answers to 0 decimal places e.g. 2510.)Which course of action do you recommend Alternative 1Alternative 2Alternative 3