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Answer with work if can, thank you. Carbex, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set and

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Answer with work if can, thank you.

Carbex, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set and a Deluxe set and sells them to retail department stores throughout the country. The Standard set sells for $90, and the Deluxe set sells for $105. The variable expenses associated with each set are given below. Variable production costs Sales commissions (30% of sales price) Standard $ 30.00 $ 27.00 Deluxe $ 45.00 $ 31.50 nt The company's fixed expenses each month are: Advertising Depreciation Administrative $ 120,000 $ 26, 200 s 70,500 Mary Parsons, the financial vice president, watches sales commissions carefully and has noted that they have risen steadily over the last year. For this reason, she was shocked to find that even though sales have increased, profits for the current month-May-are down substantially from April. Sales, in sets, for the last two months are given below: April May Standard Deluxe 5,500 3,500 2,500 6,500 Total 9,000 9,000 Required: 1-a. Prepare contribution format income statement for April 1-b. Prepare contribution format income statement for May, 3-a. Compute the break-even point in dollar sales for April. 3-b. Would the break-even point in May be higher or lower than the break-even point in April? Req 1A Req 1B Reg 3A Req 3B Prepare contribution format income statement for April. (Round your "Percentage" answers to 1 decimal place (i.e. .12 as 12.3).) Carbex, Inc. Income Statement For April Standard Deluxe Total Amount % Amount % Amount % Sales % % % Variable expenses: Production % % % Sales commission % % % % % % % % % Total variable expenses 0 0.0 % 0 0.0 % 0 0.0 % Contribution margin $ 0 0.0 % $ 0 0.0% $ 0 0.0 % Fixed expenses: Advertising Depreciation Administrative Total fixed expenses 0 Net operating income $ 0 KRO A Req13 > Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 3A Req 3B Prepare contribution format income statement for May. (Round your "Percentage" answers to 1 decimal place (i.e. .1234 12.3).) Total Carbex, Inc. Income Statement For May Standard Deluxe Amount % Amount % % Amount % % % Sales Variable expenses: % % % % Production % % Sales commission % % % % % 0 0 0.0% 0.0 % 0.01% 0 0 0 0.0 % 0.01% $ $ 0.01% $ 0 Total variable expenses Contribution margin Fixed expenses: Advertising Depreciation Administrative 0 $ 0 Total fixed expenses Net operating income Complete this question by entering your answers in the tabs below. Reg 1A Reg 3B Req 1B Reg 3A Compute the break-even point in dollar sales for April. (Round intermediate percentage calculations to 1 decimal place and final answer to the nearest whole dollar.) Break-even point in dollar sales Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3A Red 38 Would the break-even point in May be higher or lower than the break-even point in April? Higher O Lower

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