Gilbert's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $670,000 and a contribution margin of 80% of revenues Read the requirements Requirement 1. Compute Gilbert's Steel Parts monthly breakeven sales in dollars Begin by identifying the formula Fixed expenses Operating income )- Contribution margin rabo Breakeven sales in dollars Compute Gilbert's Steel Parts monthly breakeven sales in dollars (Round your answer up to the nearest whole number) The breakeven sales in dollars is Requirements 1. Compute Giberts Shoel Parts monthly breakeven sales in dollars 2. Use the contribution margin rato to project operating income (or loss) if revenues are $510,000 and if they are $1,000,000 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 17 Explain X