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Graham's Steel Parts produces parts for the automobile industry. The company has monthly feed costs of $60.000 and a contribution margin of 80% of revenues Read the requirements Requirement 1. Compute Graham's monthly breakeven sales in dollars. Use the contribution marginatio proach Select the labels and enter the amounts to calculate the breakeven point in dollars using the contribution margin approach Entra used CMContribution margin) - Required sales in dollars for any zero amounts Round your answer to the nearest A Requirement 2. Use contribution margin income statements to compute Graham's monthly operating income or operating loss revenues are $540,000 and if they are $1.030.000 y Begin by selecting the labels for the contribution margin income statement. Then enter the amounts and calculate operating income or loss when revenues are $500.000 Then the income or loss when revenues are $1.030,000 (Use a minus sign or parentheses for a los Graham's Steel Parts Contribution Margin income Statement Revenues are Revenues are $ 500 000 000 000 Read the requirements Begin by selecting the labels for the contribution margin income statement. Then enter the amounts and calculate operating income or loss when revenues are $540,000. Then in the next step, calculate operating income or 055 when revenues de $1,030,000 (Use a minus sign or parentheses for a loss.) Graham's Steel Parts Contribution Margin Income Statement Revenues are Revenues are $ 540.000 $ 1,030,000 Operating Income (LOS) Requirements. Do the results in Requirement make sense given the breakeven sales you computed in Requirement 17 Expo The results in Requirement 2 make sense given the break even sales computed in Requirement1 Given the breakeven point of . is logical that is above the breakeven point will in and sales below the breakeven point will result in many or enter any number in the input fields and then continue to meet