ASAP!!

Please answer these 3 requirements

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 $ 70.00 Deluxe $106.00 Pro $160.00 Selling price per racket Variable expenses per racket: Production Selling (5% of selling price) $ 42.00 $ 3.50 $ 53.00 $ 5.30 $ 64.00 $ 8.00 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 $ 160,000 140,000 90,000 $ 390,000 Sales, In units, over the past two months have been as follows: April May Standard Deluxe 2,000 1,000 8,000 1,000 Pro Total 5,000 8,000 3,000 12,000 Required: 1-a. Prepare contribution format Income statements for April. 1-b. 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 $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 answer. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3 Reg 4 Reg 5 Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 3 Req 4 Reg 5 Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) Standard Pro Total Topper Sports, Inc. Income Statement for May Deluxe Amount % S 100% 106,000 Amount % Amount % Amount % Sales $ 560,000 100% $ 480,000 100% $ 1,146,000 100% Variable expenses 60% 53,000 50% 40 % 50.7% Production Purchases 336.000 28,000 olo 192,000 24,000 OO 581,000 57,300 OO 5 5 % % 5,300 5 % % 5% 5.0 % % % % % % % % % Total variable expenses 65 % 55 % 45 % 638,300 55.7 % 364,000 196.000 58,300 $ 47,700 216,000 $ 264,000 X IS $ 35 % 45 % 55 % $ 507,700 44.3 % Fixed expenses: Production Advertising Administrative 160,000 140,000 90,000 ooo Total fixed expenses Net operating income 390,000 117,700 S