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Problem 5-28 (Algo) Sales Mix; Multiproduct Break-Even Analysis [LO5-9] Topper Sports, incorporated, produces high-quality sports equipment. The company's Racket Division manufoctures three tennis rackets-the Standard, the Deluxe, and the Pro-that are widely used in amateur play Selected information on the rackets is given below: All sales are made through the company's own retail outlets. The Racket Division has the following foxed costs: Sales, in units, over the past two months have been as follows: Required: 1a. Prepare contrbution format income statements for Aprit, 1.b. Prepare contribution format income statements for May. 3. Compute the Racket Division's break-even point in dotlaf sales for April. 4. Will the breakeven point would be higher or lower with May's sales mix than with April's sales mix? 5 . Assume that sales of the Standard racket increase by $22,200. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $22,200 ? Do not prepare income statements; use the incremental analysis approach in determining your answer, epsre cortribubon format income statements for Aqui. (Rourd Total Derceri" antweet to I Cecmal elace) Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimai place) Pro Req 3 > The Cheyenne Hotel in Big Sky. Montana, has accumulated records of the total electrial costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highty seascnal, with pesks occurring during the ski season and in the summer, Aeguired: 1. Using the highilow method, estimate the fixad cost of esectricity per month and the variable cost of electricity ner occupancy-day (Do not round your intermediate caiculations. Round your Variable cost answer to 2 decimal places and Fixed cont element answer to nearest whole dollar amount) Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) 2. What other factors in addition to occupancy-days are likdy to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Systematic factors like guests, switching ouf fans and lights. Number of days present in a month. income taxes paid on hotel income. Seasonal factors like winter or summer. Fixed salary paid to notel receptionist. Required information Exercise 5A-2 (Algo) Least-Squares Regression [LO5-11] [The following information applies to the questions displayed below] Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled: Exercise 5A-2 Part 1 (Algo) Required: 1. Prepare a scattergraph plot. (Place car wash costs on the vertical axis and rental returns on the horizontal axis.) Instructions: 1. On the graph below, use the point tool (January) to plot rental returns on the horizontal axis and car wash costs on the vertical axis. 2. Repeat the same process for the plotter tools (February to December). 3. To enter exact coordinates, click on the point and enter the values of x and y. 4. To remove a point from the graph, click on the point and select delete option