Complete the requirements (you might have to zoom in on your computer)

Crandal Company els flags with team logos Crandall his luced coels of 5583,200 per year plus variable costs of 54.80 per og Esch leg sells for 512.00 Read the requirements Requirement 1. Use the equation approach to compute the number of flags Crandall must selcach year to break even First select the formula to compute the required sales in units to break even. - Target profit Rearrange the formula you determined above and compute the required number of flags to break even The number of flags Crandall must selleach year to break even is Requirement 2. Use the contribution margin ratio approach to compute the dollar sales Crandall needs to earn $33,000 in operating income for 2018 (Round the contribution margin ratio to two decimal places.) Beyin by showing the formules and then entering the amounts to calculate the required sales dulans to em 533,000 in uperating income. (Round the required sales in dollars uu lu the nearest whole dular. For example. 510.25 would be rounded to 511. Abbreviation used. CM - contribution margin. - Required sales in collars Requirement 3. Prepare Crandall contribution margin income watement for the year anded December 31, 2018 for sale of 70 000 age found your final Answers up to the next whole number) (Use parentes O minus sign for an operating loss) Crandall Company Contribution Margin Income Statement Year Ended December 31, 2018 Operating Income (LSS) Requirement 4. The company is considering an expansion that will increase fixed costs by 21% and variable costs by 80.60 per diag. Compute the new breakeven point in units and in dollars. Should Crandal undertake the expansion? Give your reasoning (Round your final answers up to the next whole number) (Use the equation approach.) Begin by selecting the formula to compute the required sales in units to break even under the expansion plan. = Target profit Rearrange the formula you determined above and compute the required number of flags to break even under the expansion plan. Under the expansion plan, the breakeven point in units would be flags. Under the expansion plan, the breakeven point in dollars would be $ . Should Crandall undertake the expansion? Give your reasoning. Crandall should only undertake the expansion if expected profits from the expansion the expected costs