Connect - Class: ACC 3200 Fall 2019 Wolfram Alpha Widgets for Free Seved Help Save & Exit Submit Check my work 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 $74, and the Deluxe set sells for $89. The variable expenses associated with each set are given below. Variable production costs Sales commissions (220 of sales price) Standard $ 22.00 $16.28 Deluxe $37.00 $ 19.58 The company's fixed expenses each month are: Advertising Depreciation Administrative $ 112,000 $ 23,800 $ 66.500 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 Standard Deluxe 4,700 2,700 1.700 5.700 Total 7,400 2.400 May Required: a. Prepare contribution format income statements for April 1-b. Prepare contribution format income statements 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? es widget Saved Help Save & Exit Submit Req 1A Req 1B 10 Reg 3A Reg 3B Check my work Prepare contribution format income statements for April. (Round your "Percentage" answers to 1 decimal place (.e. 1234 should be entered as 12.3).) Carbex, Inc. Income Statement For April Standard Amount % Amount Deluxe Total Amount Sales Variable expenses: Production Sales commission Total variable expenses 0.0 % 0.0 % $ 0.0 % Fixed expenses: Total fixed expenses Wolfram Alpha Widgets Solve for X Calculator - Free Mathematies widget Surved Help Save & Exit Submit Req 1A Reg 1B Check my work Req Reg 3B Prepare contribution format income statements for May. (Round your "Percentage" answers to 1 decimal place (.e. .1234 should be entered 12.3).) Carbex, Inc. Income Statement For May Standard Deluxe Amount % Amount Total % Amount Variable expenses: Total variable expenses 0.01% $ 0 0.01% Fixed expenses: Total fixed expenses Saved Help Save & Exit May Check my Required: 1-a. Prepare contribution format income statements for April 1-b. Prepare contribution format income statements 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? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 3A Req 3B 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