P7-69B (similar to) College Try Calendars me calendars with colagename The company has two of 10.000 a month wariaties of proof of the waters of goods she remaining 25 store operating The company cach cartono calendar Read the Regiment 1. Com the number of tons of anders that Cage Ty Calendars must slachto Begin by mining the best income negation Comp-down and then click Check A CA 10 1 of 1 (1 complete) has fixed expenses of $1,095,000 each month plus variable expenses of $6.50 per carton of each carton of calendars for $16.50. i Requirements 1. Compute the number of cartons of calendars that College Try Calendars must sell each month to break even. 2. Compute the dollar amount of monthly sales that the company needs in order to earn $308,000 in operating income (round the contribution margin ratio to two decimal places). 3. Prepare the company's contribution margin income statement for June for sales of 465,000 cartons of calendars. 4. What is June's margin of safety (in dollars)? What is the operating leverage factor at this level of sales? 5. By what percentage will operating income change if July's sales volume is 13% higher? Prove your answer. Print Done