5 33 ints eBook References Presented here is the income statement for Big Sky Incorporated for the month of February: Sales Cost of goods sold Gross profit Operating expenses Operating loss Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19%. Required: a. Rearrange the preceding income statement to the contribution margin format. b. If sales increase by 10%, what will be the firm's operating income (or loss)? c. Calculate the amount of revenue required for Big Sky to break even. Complete this question by entering your answers in the tabs below. Required A $ 60,500 50,300 $ 10,200 15,700 $ (5,500) Required B Sales Variable expenses Contribution margin Fixed expenses Operating loss Rearrange the preceding income statement to the contribution margin format. Required C $ $ 60,500 49,005 11,495 15,700 (4,205)

Presented here is the income statement for Big Siky Incorporated for the month of February: Based on an analysis of cost behavior patterns, it has been determined thot the company's contribution margin ratio is 19%. Required: a. Rearrange the preceding income statement to the contribution margin format. b. If sales increase by 10%, what will be the firm's operating income (or loss)? c. Calculate the amount of revenue required for Big Sky to break even. Complete this question by entering your answers in the tabs below. If sales increase by 10%, what will be the firm's operating income (or loss)? Notet Do not round intermediate calculations. Presented here is the income statement for Big Sky incorporated for the month of February: Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19%. Required: a. Rearrange the preceding income statement to the contribution margin format. b. If sales increase by 10%, what will be the firm's operating income (or loss)? c. Calculate the amount of revenue required for Big Sky to break even. Complete this question by entering your answers in the tabs below. Presented here is the income statement for Big Sky Incorporated for the month of February: Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19\%. Required: a. Rearrange the preceding income statement to the contribution margin format. b. If sales increase by 10%, what will be the firm's operating income (or loss)? c. Calculate the amount of revenue required for Big Sky to break even. Complete this question by entering your answers in the tabs below. Rearrange the preceding income statement to the contribution margin format