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Airborne Travel uses the contribution margin income statement internally. Airborne's first quarter results are as follows: Click the icon to view the income statement.) Airbome's

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Airborne Travel uses the contribution margin income statement internally. Airborne's first quarter results are as follows: Click the icon to view the income statement.) Airbome's relevant range is sales of between $100,000 and $650,000 Read the requirements Requirement 1. Prepare contribution margin income statements at sales levels of $180,000 and $400,000. (Hint: Use the contribution margin ratio) Begin by preparing the contribution margin income statement at the $180,000 level. (Round the variable expense rate to the nearest whole percent Enter losses with a minus sign or parentheses.) Alrborne Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (los) Now prepare the contribution margin income statement at the 5400,000 level (Round the variable expense rate to the nearest whole percent Enter Jonses with a minus sign or parentheses) i Data Table A B 1 Airborne Travel N Contribution Margin Income Statement 3 Three Months Ended March 31 4 Sales revenue $ 550.000 5 Less: Variable expenses 165,000 6 Contribution margin S 385,000 7 Less: Fixed expenses 178,500 8 Operating income S 206,500 Print nCO Done Alrborne Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating Income (loss) Requirement 2. Compute breakeven sales in dollars. Begin by identifying the formula to compute the breakeven sales in dollars. Breakeve sales in dollars Compute breakeven sales in dollars. The breakeven sales in dollars is Choose from any list or enter any number in the input fields and then continue to the next

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