Question: Please answer what is missing those blanks spaces needs to be filled please answer asap Problem 5-28 (Algo) Sales Mix; Multiproduct Break-Even Analysis (LO5-9] Topper


![(LO5-9] Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669e4bcc09be3_123669e4bcba3b87.jpg)
Please answer what is missing those blanks spaces needs to be filled please answer asap
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 manufactures three tennis racketsthe Standard, the Deluxe, and the Prothat are widely used in amateur play. Selected information on the rackets is given below: Pro Standard $ 40.00 Deluxe $ 60.00 $ 90.00 Selling price per racket Variable expenses per racket: Production Selling (5% of selling price) $ 22.00 $ 2.00 $ 27.00 $ 3.00 $ 31.50 $ 4.50 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Fixed production costs Advertising expense Administrative salaries Total Per Month $ 124,000 104,000 54,000 $ 282,000 Sales, in units, over the past two months have been as follows: Deluxe April May Standard 2,000 8,000 1,000 1,000 5,000 3,000 Total 8,000 12,000 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 $20,400. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $20,400? Do not prepare income statements, use the incremental analysis approach in determining your answer. X Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 3 Req 4 Req 5 Prepare contribution format income statements for April. (Round "Total percent" answers to 1 decimal place) Total Topper Sports, Incorporated Income Statement for April Deluxe Pro % Amount % Amount 100 $ 60,000 100 $ 450,000 Standard Amount $ 80,000 % Amount % Sales 100 $ 590,000 100 Variable expenses Production 45 35 38.7 44,000 4,000 55 51 27,000 3,000 157,500 22,500 228,500 29,500 Selling 5 5 5.0 Total variable expenses 60 50 40 258,000 43.7 48,000 32,000 30,000 $ 30,000 180,000 270,000 $ 40 50 $ 60 $ 332,000 56.3 Fixed expenses Production Advertising Administrative 124,000 104,000 54,000 Total fixed expenses 282,000 50,000 $ Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 3 Reg 4 Req 5 Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) Standard Topper Sports, Incorporated Income Statement for May Deluxe Pro % Amount % Amount 100 $ 60,000 100 $ 270,000 Total % % Amount $ 320,000 Amount $ 650,000 Sales 100 100 Variable expenses Production 27,000 45 45.8 176,000 16,000 55 5 94,500 13,500 351 5 297,500 32,500 Selling 3,000 51 5.0 Total variable expenses 60 30,000 50 40 50.8 192,000 128,000 108,000 162,000 330,000 320,000 $ 40 $ 30,000 50 $ 60 $ 49.2 Fixed expenses Production Advertising Administrative 124,000 104,000 54,000 Total fixed expenses 282,000 Net operating income $ 38.000
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