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please answer the requirements Countrywide Travel uses the contribution margin income statement internally, Countrywide's first quarter results are as follows: (Click the icon to view
please answer the requirements Countrywide Travel uses the contribution margin income statement internally, Countrywide's first quarter results are as follows: (Click the icon to view the income statement.) Countrywide's relevant range is sales of between $150,000 and $675,000 Read the requirements Requirement 1. Prepare contribution margin income statements at sales levels of $230,000 and $410,000. (Hint: Use the contribution margin ratio.) Begin by preparing the contribution margin income statement at the $230,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Countrywide Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Check Answer Requirements - X 1. Prepare contribution margin income statements at sales levels of $230,000 and $410,000. (Hint: Use the contribution margin ratio.) 2. Compute breakeven sales in dollars. Print Done Data Table A B 1 Countrywide Travel 2 Contribution Margin Income Statement 3 Three Months Ended March 31 4 Sales revenue $ 475,000 5 Less: Variable expenses 142,500 6 Contribution margin $ 332,500 7 Less: Fixed expenses 165,200 8 Operating income $ 167,300 Print Done Countrywide Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Enter any number in the edit fields and then click Check Answer. 3 parts remaining
please answer the requirements
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