Gelfie's Steel Puerte produces parts for the automobile industry. The company has monthly flued expenses of $400,000 and a contribution margin of 90% of revenice. Requirements 1. Compute Griffie's Steel Parts monthly break even sales in dollars. Use the contribution margin ratio shortcut approach 2 Use the contribution margin ratio to project operating income for ou revenues are $80.000 and if they are $1 450.000 1. Do the results in Requirement make sense given the break-even sales you computed in Requirement 1? Explain Requirement 1. Computers Stool Parts monthly break-even sales in dolar Use the contribution margin ratio shortcut approach Select the labels to come to the formula and then enter the amounts to calculate Grey's Show Parts monthly break even states in dollars. (Enter ratios as decimals. Round your answer up to the nearest whole dollar) Break-evonatos indos Requirement 2. Use the contribution margin ratio 10 project operating income for love) if revenues are $880,000 and if they are $1,450,000 Complete the operating income projection by first selecting the labels. Then, project operating income for os e revisors are $680.000. In the next step.complete the operating income projection for revenues $1.450,000. (Enter fosses with a minus sign or parentheses. Enter ratios as decimals.) Griffin's Steel Parts Opening Income Projections On Sales Levels Choose from any list or enter any number in the input fields and then continue to the next question Gelfin's Stool Parts produces parts for the automobile industry. The company has monthly fixed experten of 5400,000 and a contribution margin or go of revenues Requirements 1. Compute Griffin's Steel Parts monthly break-even sales in dollars. Use the contribution margin ratio shortcut approach 2. Use the contribution margin ratio to project operating income for loss) if revenues are $680,000 and if they are 51,450,000 3. Do the results in Requirement 2 make sense given the break even sales you computed in Requirement 1? Explain Complete the operating income projection by first selecting the labels. Then, project operating income for loss) if revenues are $680,000. In the next stop, complete the operating income projection for revenues at $1,450,000. (Enter losses with a minus sign or parentheses, Enter ratios as decimals.) Griffin's Strel Parts Operating Income Projections ateront Sales Levels Operating income foss) Requirement 3. Do the results in Requirement 2 make sonse, given the break-even sales you comuted in Requirement ? Explain Since $680.000 is the break-even point sales in dollars, it makes sense there is an operating Reveries of $1,450,000 would lead to Choose from any est or enter any number in the input fields and then continue to the next