Homework 40 Swed Help Save & Exit Submit 14 Topper Sports, Incorporated produces high-quality sports equipment. The company's Racket Division manufactures 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. 0.63 points Sied Standard Deluxe Pro Selling price per racket $50.00 Variable expenses per racket 375.00 $ 100,00 Production $28.00 $33.00 $ 35.00 Selling (5 of welling price) $5.00 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs The Month Fixed production costs $ 120,000 Advertising expense 108,000 Administrative salaries 58,000 Total $294.000 alerno Sales, in units, over the past two months have been as follows: standardele Do Total April 2,000 1,000 5.000 6.000 MAY 0.000 1.000 3,000 12.00 Required: 1-a. Prepare contribution format income statements for April 1-b. Prepare contribution format income statements for May 3. Compute the Racket Division's break-even point in dollar sales for April 4. Will the break-even point would be higher or lower with May's sales mix than with Aprir's sales mix? 5. Assume that sales of the Standard racket increase by $20.800 What would be the effect on net operating income? What would be the effectif Pro racket sales increased $20,8007 Do not prepare income statements, use the incrementanalysis approach in determining your answer Homework #4 Help Save & Et ReqIA Reg 16 Submit Red Re Reas 14 Prepare contribution format income statements for Agrit. (Round "Total percent anwesto 1 decimal place) Topper Sports, Incorporated Income Statement for April Standard Pro Tatal Amount Amount Amount Amount 0.63 points Variable expenses rences Total Viable expo 0 o 0 0 os 0 0 5 00 00 0 0 1 0 Fedem Total fedex Homework #4 Et O Bom Help Suve & Submit Reg 1A Reg 18 Regs Reg4 Rees 14 Prepare contribution format income statements for May (Round "Total percent" answers to 1 decimal place) 063 Topper Sports, Incorporated Income Statement for May Deluxe Amount Standard Amount points Pro Amount Total Arnout kloped Variable expenses cs Total anal expense 0 0 0 0 0 1 20 0.0 5 os 0 0 1 0 0 Fixed expenses Totaled open Next > Homework #4 Submit 14 Save Help Save & Exit Required: 1-a. Prepare contribution format indome statements for April. 1-b. Prepare contribution format income statements for May 3. Compute the Racket Division's break-even point in dollar sales for April 4. Will the break-even 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 $20,800. What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $20,800? Do not prepare income statements; use the incremental analysis approach in determining your answer 0.63 points Skipped Complete this question by entering your answers in the tabs below. Reg LA Reg 1B Req3 Req Regs Ranch Compute the Racket Division's break-even point in dollar sales for April (Round intermediate percentage calculations to : decimal place and final answer to the nearest whole dolar) Eron point is dolara ( Req 18 Reg4 5 Sdv Exit Submit 14 Required: 1-a. Prepare contribution format income statements for April 1-b. Prepare contribution format income statements for May 3. Compute the Racket Division's break-even point in dollar sales for April 4. Will the break-even 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 $20,800. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $20,800? Do not prepare income statements, use the incremental analysis approach in determining your answer. 63 ints Skipped Complete this question by entering your answers in the tabs below. Reg Reg 16 eBook Reg 1A Req3 Req5 References Whether the break-even point would be higher or lower with May's sales mix than with April's sales mix? Higher Lower