onld-18lushed-truecld-4254928 centerwinayes BuS 121 - Managerial Accounting-SP19-(2) Homework: HW 7-Chapter 7 Score: 0.36 of 5 pts 41 of 8 (1 complete) E7-19A (similar to) Worduide Travel uses the contribution margin Income statement intermally Worldwde's fnst qarter results are as follows statement) Worldwide's relevant range is sales of between $150,000 and $640,000 Read the (Clck the kon to view the income Requirement 1.Prepare contibution margin income statements at sales levls of $220.000 and 5400,000 (int Use the conibution margie sallo) Beginbypouparing the contbdu' margh, income statement at he S220.000 level und vaible epenseratetsthe neanst whole percent Erter losses with . minn sloy or preto Worldwide Travel Contribution Margin Income Statemen Three Months Ended March 31 Sales revenue Less Fixed exe Operating income Doss) dick Check Answer e OOL-Survey CIVIL HENRY DAVI HOREAU 112 0. (Hint Use the contribution margin ratio.) xpense rate to the nearest whole percent. Enter losses with a minus sign or parentheses) Data Table Worldwide Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income S 425,000 148,750 s 276,250 174,200 S 102,050 PrintDone Clear All DOLL Requirements 1. Prepare contribution margin income statements at sales levels of $220,000 and $400,000. (Hint: Use the contribution margin ratio.) 2. Compute breakeven sales in dollars Print Done