1 Requirements 1. Compute Oleg's Steel Parts, monthly breakeven sales in dollars. 2. Project operating income (or loss) if revenues are $550,000 and if they are $1,050,000 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 1? Explain Print Done Requirement 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 1? Explain. Since $550,000 is Since $1,050,000 is V the breakeven point, it Vthe breakeven point, it Oleg s Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of S750 000 and a contribution mar in of 75% of revenues. Read the requirements Requirement 2. Project operating income (or loss) if revenues are $550,000 and if they are $1,050,000 First, select the labels to calculate projected operating income. Then, calculate projected income (or loss) if revenues are $550,000. Finally, calculate projected income (or loss) if revenues are $1,050,000. (Enter the contribution margin ratio as a whole percent. Enter losses with a minus sign or parentheses.) Oleg's Steel Parts Operating Income Projection at Different Sales Levels If revenues If revenues are $550,000 are $1,050,000 Operating income (loss)