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 rackets-the Standard, the Deluxe, and the Pro-that are widely used in amateur play. Selected information on the rackets is given below: Standard Deluxe Pro Selling price per racket $ 55.ee $ 86.90 $ 125.00 Variable expenses per racket: Production $ 33.00 $ 43.ee $ 45.00 Selling (5% of selling price) $ 2.75 $ 4.30 $ 6.25 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 $ 146, eee 126,000 76,000 $ 348,000 Sales, in units, over the past two months have been as follows: April May Standard 2,eee 8,888 Deluxe 1,000 1,800 Pro 5,80 3, eee Total 8,000 12,000 Required: 1-a. Prepare contribution format income statements for April. 1-5. 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 $22,600. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $22,600? Do not prepare income statements: use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3 Reg 4 Reg 5 Assume that sales of the Standard racket increase by $22,600. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $22,600? Do not prepare income statements; use the incremental analysis approach in determining your answer. Standard Pro Effect on Net operating income