please answer 1-3

Gary's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $620,000 and a contribution margin of 70% of revenues. Read the recuirements Requirement 1. Compute Gary's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. ( Operating income + + ) Contribution margin ratio a Broakeven sales in dollars Compute Gary's Steel Parts' monthly breakeven sales in doliars. (Round your answor up to the nearest whole number.) The breakeven soles in dollars is Requirements 1. Compute Gary's Steel Parts' monthly breakeven salos in dollars. 2. Use the contribution margin ratio to projoct operating income (or loss) if revenues are $510,000 and if they are $1,060,000 3. Do the results in Requirement 2 make sense given the breakeven sales you cornputed in Requirement 1? Explain