Question: Please answer requirement 3-5, please keep requirement 3 in the format shown for the answer so I understand, thank you!! with college names. The company
with college names. The company has fixed expenses of $1,065,000 each month plus variable expenses of $3.50 per carton of calendars. Of the variable expense, 68% is cost of good The company sells each carton of calendars for $13.50 Read the requirements. s sold, while the remaining 32% relates to variable operating expenses. Requirement 1. Compute the number of cartons of calendars that Spirit Rock Calendars must sell each month to breakeven. determining the basic income statement equation. Sales Using the basic income statement equation you determined above solve for the number of cartons to break even. The breakeven sales is 106,500 cartons. Requirement 2. Compute the dollar amount of monthly sales Spirit Rock Calendars needs in order to eam $304,000 in operating income. Begin by determining the formula. (Round the contribution margin ratio to two decimal places.) The monthly sales needed to eam $304,000 in operating income is $ 1,850,000
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