answer all the questions wilt the solution

1. Topper Sports, Inc. 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 $41.00 $62.00 81.00 Selling price per racket Variable expenses per racket Production Selling (5% of selling price) $ 16.40 $21.70 $24 30 S 2.05 3.10 4.05 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs Per Month Fixed production costs Advertising expense Administrative salaries $102,000 108,000 53,000 Total $263,000 Sales, in units, over the past two months have been as follows April May Standard Deluxe 3,000 3,000 4,000 10,000 Pro 7,000 5,000 Total 14,000 18,000 Required: 1a. Prepare contribution format income statements for April 1b. Prepare contribution format income statements for May 2. Compute the Racket Division's break-even point in dollar sales for April 3. Compute the Racket Division's break-even point in unit sales for April 4. Will the break-even point 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 $24,000. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $24,000? Do not prepare income statements, use the incremental analysis approach in determining your