Gibert's Steel Parts produces parts for the automobile industry The company has monthly foxed expenses of $640,000 and a contributon margin of 70% of revenues Gilbert feels like he's in a giant squeeze pla The automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. Gilbert's contribution margin has shrunk to 40% of revenues. The company's monthly operating income, pnor to these pressures, was $60,000 Road the auments Requirement 1. To mantain this same levit of prott, what sales volume (in sales revenue) must Gibert now achieve? Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach Operating come Fad expe Conbution margra (Round your awer sp to the news who doe Obert must now achieve sales of 1.750.000 mantan the sane it if pro Targets does main100006 0 what and my41 1114 / pa & 4 00 00 15 sessiolencebs pr pro Moeder to mantan the prx pet vett 100 000 per month per month in fod ch by moving persons Theatre, Gibert the plan mantan h