Need help and explanations for solving the below two tables.

Western Clothing Company
						IF D = 820
	current		Alt. #1 P =20	Alt. #2		Alt #1 P =20	Alt #2
Fixed cost	10000		10000	12000		10000	12000
Variable cost per unit	8		8	8		8	8
Selling price per unit	23		20	23		20	23
The Model
Production volume	400		1000	950		820	820
Total Revenue
Total Costs
Total Profit (Loss)
Decision

Western Clothing Company: The Western Clothing Company produces denim jeans. The company incurs the following monthly costs to produce denim jeans: fixed cost = $10,000 and variable cost = $ 8 per pair. A. B. Currently the company sells 400 pairs monthly at a price of $23 per pair. Find the company's current profit (or loss) Western is considering two alternatives: Alternative 1: lower price to $20 per pair; then the estimated demand is 1,000 pairs per month. Alternative 2: Keep price at $23 but spend $2,000 on advertisement then the estimated demand is 950 pairs per month. Which alternative yields a higher profit? If demand turns out to be 820, which alternative will be a better choice? C