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Countrywide Travel uses the contribution margin income statement internally. Countrywide's first quarter results are as follows: (Click the icon to view the income statement.) Countrywide's

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Countrywide Travel uses the contribution margin income statement internally. Countrywide's first quarter results are as follows: (Click the icon to view the income statement.) Countrywide's relevant range is sales of between $105,000 and $680,000. Read the requirements. Requirement 1. Prepare contribution margin income statements at sales levels of $230,000 and $450,000. (Hint: Use the contribution margin ratio.) Begin by preparing the contribution margin income statement at the $230,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Now prepare the contribution margin income statement at the $450,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Requirement 2. Compute breakeven sales in dollars. Begin by identifying the formula to compute the breakeven sales in dollars. (1+1) Breakeven sales in Compute breakeven sales in dollars. The breakeven sales in dollars is Countrywide Travel uses the contribution margin income statement internally. Countrywide's first quarter results are as follows: (Click the icon to view the income statement.) Countrywide's relevant range is sales of between $105,000 and $680,000. Read the requirements. Requirement 1. Prepare contribution margin income statements at sales levels of $230,000 and $450,000. (Hint: Use the contribution margin ratio.) Begin by preparing the contribution margin income statement at the $230,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Now prepare the contribution margin income statement at the $450,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Requirement 2. Compute breakeven sales in dollars. Begin by identifying the formula to compute the breakeven sales in dollars. (1+1) Breakeven sales in Compute breakeven sales in dollars. The breakeven sales in dollars is

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