College Spinit Calendars imprints calendars with collegames. The company has fed expenses of 1,095.000 each mons plus variable expenses of $1.00 per carton of clandeste variable expense.00 is.cost of goods sold, while the remaining 31% relates to variabile operating expenses. The company sells each carton of calendars for $12.00 Read the requirements Requirement 1, Compute the number of cartone of calendars that college Spiele Calendars must coll each month or even Begin by determining the batio income staloont equation Operating come Using the basic income statement equation you doktormined above tolvo for the number of cartone to break even The breakevon sales is cartons Requirement 2. Compute the color amount of monthly sales College Spirit Calendars reeds in order to com $312.000 in operating inoortis. Begin by determining the formula 1 Target in dotar (Round the contribution margin ratio lo lo decimal places) The monthly salos needed to cam 5312.000 in operating income in Requirement 3. Prepare the company's contribution margin income statement for June for sales of 465,000 cartons of calondars. College Spirit Contribution Margin Income Statement Month Ended June 30 Requirement 4. What is June's margin of safety (in dollars)? What is the operating leverage factor at this level of sales? Requirement 4. What is June's margin of safety (in dollars)? What is the operating leverage factor at this level of sales? Begin by determining the formula = Margin of safety (in dollars) The margin of safety is What is the operating leverage factor at this level of sales? Begin by determining the formula. Operating leverage factor (Round the operating leverage factor to three decimal places.) The operating leverage factor is Requirements. By what percentago wil operating income change of July's sales volumes to highet? Prove your answer. (Round the percentage to two decimal place) Il volume income to the operating income wit increase Prove your answer (Round the percentage to two decimal plant Original volume (carton) Add: Increase in volume Now volume (cartons Multiplied by: Unit contribution mag Now total contribution margin Loss Fixed expenses Now operating income vs. Operating income before change in volum INCERRAR I nera no nome