How do you get the break even point? (752,941 was not the correct answer). Also how do to requirement 2 and 3? Thank you!

Gilbert's Steel Parts produces parts for the automobile industry The company has monthly fixed expenses of $640 Read the requirements Requirement 1. Compute Gilbert's Steel Parts' monthly breakeven sales in dollars Begin by identifying the formula. and a contribution margin of 85% of revenues Requirements 1. Compute Gilbert's Steel Parts' monthly breakeven sales in dollars. 2. Use the contribution margin ratio to project operating income (or loss) if Fixed expenses Operating income Contribution margin ratioBreakeven sales in dollars Compute Gilbert's Steel Parts' monthly breakeven sales in dollars. (Round your answer up to the nearest whole number.) revenues are $530,000 and if they are $1,000,000. 3. Do the results in Requirement 2 make sense given the breakeven sales you The breakeven sales in dollars is $ computed in Requirement 1? Explain Print Done