I dont want just the answers please show me the formula and steps ! Thank you !

Morton Company's contr bution tormet Income statement for last month is given Sales (43,00 units528 per unit) arlsble expenses Contribution margin Fixed expenses 253 260 Net operating income The industry in which Morton Compeny operates is quite sensitive to cyclicel movements in the economy. Thus, profts very considerably from year to year according to general economic condtions. The company has& large amount of unused copacity and it studying ways of improving profes Required: 1. New equipment has come onto the market that would allow Morton Company to automate e portion of Its operetions. Veriable expenses would be reduced by $8.40 per unit However,fixed expenses would increase to a sotal of $650,160 each month Prepare two contribution formet income statements, one showing present operetions and one showing how operations would appeer if the new equipment is purchased 2 Refer to the income statements in () For the present operations and the proposed new operations, compute (aj the degree of operating leverege, (bj the bresk-even point in dollar seles, and (C) the margin of safety in doliars and the margin of sofety percemage Refer egain to the data in , As manage, what factor would be paramountin your mind in deciding whether 10 purchase the new equipment? (Assume thet enough funds are evaileble to make the purchase) Refer to the original dets.Rather then purchase new equipment, the marketing mansger argues thet the company's markeing would pay solespersons fixed salaries and would invest heavily in advertising The marketing manager claims this new approach would increase un, sales by 30% without any ehangem selling price, the company's new monthly 6xed epenses would be $304.612 and 1s net operaeng income would increase by 20% Compute the company's break-even point in dolar sales under the new marketing strenegy Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $8.40 per unit, However, fxed expenses would increase to a total of $650,160 each month. Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased. (Round "Per Unit to 2 decimal places.) Show lessa Contribution Income Statement Proposed 1,200 operating income