Please complete all 6 parts and highlight answer key. thank you

Question Help McCarthy Men's Clothing's revenues and cost data for 2017 are as foliows 311 Click the icon to view the data.) Mr. McCarthy, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it includes $50.000 variable costs, which vary with sales volume, and $15.000 (d) costs Read the requirements Requirement 1. Compute the contribution margin of McCarthy Men's Clothing Determine the formula to calculate the contribution margin, then enter the amounts in the formula to compute the contribution margin of McCarthy Men's Clothing Contribution margin Choose from any drop-down list and then click Check Answer Check Answer Clear All 6 parts remaining hp 8 5 3 2 7 P Y R E W Q H K G D F S A a ) Ques Clothi on to Data Table he own ement Requirements - X Revenues $ - Come 500,000 225,000 ormula 275,000 Cost of goods sold (all variable costs) Gross margin Operating costs: Salaries fixed Sales commissions (11% of sales) Depreciation on equipment and fixtures Store rent ($3,000 per month) Other operating costs Operating income (loss) 1. Compute the contribution margin of McCarthy Men's Clothing 2. Compute the contribution margin percentage. 3. Mr. McCarthy estimates that he can increase units sold, and hence revenues by 25% by incurring additional advertising costs of $10,000. Calculate the impact of the additional advertising costs on operating income. 4. What other actions can Mr. McCarthy take to improve operating income? s 190,000 55,000 16,000 36,000 65,000 Print Done 362,000 $ (87,000) ny drog Print Done har All Check Answe () 00 96 00 5 o