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Gordon's Steel Parts produces parts for the automoble industry. The compary has monthly fred expenses of 5610,000 and a contribution margin of 75% of revenues.

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Gordon's Steel Parts produces parts for the automoble industry. The compary has monthly fred expenses of 5610,000 and a contribution margin of 75% of revenues. Reod the reguifements: Requirement 1. Compute Goedon's Steel Parts' menthly breakeven sales in dollars. Begin by identifying the formula Breskeven sales in dollars Requirements 1. Compute Gordoris Sseel Parts' montryy breakeven soles in dolav. 2. Use the contribution margin ratio to project operating income (or loss) if revenues are $560,000 and if they are $1,050,000 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 1? Explain

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