please do all

Question Help common P7-65A (similar to) Home Sewing Company is currently seling 3,600 oversized bean bag chairs a month at a price of $80 per chair. The variable cost of each chair sold includes $35 to purchase the bean bag chains from suppliers and a costs are $5,000 per month. The company is considering making several operwtional changes and wants to know how the charge will impact its operating income Read the resuirements Operating income (0) Operating income from implementing these changes would decrease by $ 3.744 from Requirement 1. b. Anerative 2: The company believes that spending an additional $7,000 on advertising would increase als volume by 13%. (Use parentheses or a minus 325,440 Home Seating Company Contribution Margin Income Statement Ses revenue $ Variable expenses Cost of goods sold Operating expenses Contritation margin Fred expenses Operating income ) Entorary number in the edit fields and then click Check Answer Check Answer Clear All 1. Prepare the company's current contribution margin income statement. 2. Calculate the change in operating income that would result from implementing each of the following independent strategy alternatives. Compare each alternative to the current operating income as you calculated in Requirement 1. Consider each alternative separately. a. Alternative 1: The company believes volume will increase by 12% if salespeople are paid a commission of 15% of the sales price rather than the current $7 per unit. b. Alternative 2: The company believes that spending an additional $7,000 on advertising would increase sales volume by 13%. c. Alternative 3: The company is considering raising the selling price to $95, but believes volume would drop by 14% as a result. d. Alternative 4: The company would like to source the product from domestic suppliers who charge $8 more for each unit. Management believes that the "Made in the USA" label would increase sales volume by 12% and would allow the company to increase the sales price by $12 per unit. In addition, the company would have to spend an additional $1,000 in marketing costs to get the word out to potential customers of this change. Print Done