Please help me to answer this question with by step by step answer. I have post the whole questions to give better overviews of the question and this is all the information. I need answer to the questions that are incorrect and last question that is not answer.Thank you.

Tyrene Products manufactures recreational equipment. The operating results for the most recent year for one of its products, a skateboardI are presented below. Sa'les $ 1,725,888 Variable expenses 1,835,888 Contribution margin 598,888 Fixed expenses 552,888 Net operating income $ 138,888 Management is anxious to maintain and perhaps even improve its present level of income from the skateboards. Required: 1-a. The compa ny's break-even point for the most recent year was 36,800 units. Compute the CM per skateboard. (Do not round intermediate calculations.) $ 159 H). Compute the selling price and variable expenses per skateboard. {Do not round intermediate calculations. Round your answers to 2 decimal places.) Selling price $ 37.500 per skateboard variable expense $ 22.50 a per skateboard 1-c. Compute the number of skateboards sold in the most recent year. {Do not round intermediate calculations} 46.08 1-d. Compute the degree of operating leverage at the level of sales that you computed in Requirement {1:}. j 2. Due to an increase in labour rates, the company estimates that variable expenses will increase by $3.00 per skateboard next year. If this change takes place and the selling price per skateboard remains constant. what will be the new CM ratio and the new break-even point in skateboards? [Do not round intermediate calculations} Contribution margin 12 a $3 Unit sales to breakeven point 46.000 0 skateboards 3. Refer to the data in Requirement (2] above. If the expected change in variable costs takes place, how many skateboards will have to be sold next year to earn the same net operating income, $138,000, as in the most recent year? (Do not round intermediate calculations} 4. Refer again to the data in Requirement [2] above. The president has decided that the company may have to raise the selling price of its skateboards. If Tyrene Products wants to maintain the same CM ratio as last year: what selling price per skateboard must it charge next year to cover the increased labour costs? {Do not round intermediate calculations. Round your answer to 2 decimal places.) 5. Refer to the original data. The company is considering the construction of a new, automated plant The new plant would result in the contribution margin per unit increasing by 60%, but it would cause xed costs to increase by 90%. If the new plant is built, what would be the company's new CM ratio and new break-even point in skateboards? {Do not round intermediate calculations.) Contribution margin Unit sales to breakeven point 43,?0U a skateboards 6. Refer to the data in Requirement (5) above a. If the new plant is built, how many skateboards will have to be sold next year to earn the same net operating income, $138,000, as last year? (Do not round intermediate calculations} h-1. Assume that the new plant is constructed and that next year the company manufactures and sells the same number of skateboards as sold in the most recent year. Prepare a contribution format income statement. (Do not round intermediate calculations} Sales Variable expenses 690.000 552mm 9 Net operating income a $ 138,000 *Recl Lex'tindia'bE no response was expected in a cell or a form uIa-based calculation is inlarrect: no points deducted. Contribution margin Fixed expenses 0 ded 6. Refer to the data in Requirement (5) above. a. If the new plant is built, how many skateboards will have to be sold next year to earn the same net operating income, $138,000, as last year? (Do not round intermediate calculations.) Number of skateboards 49,450 b-1. Assume that the new plant is constructed and that next year the company manufactures and sells the same number of skateboards as sold in the most recent year. Prepare a contribution format income statement. (Do not round intermediate calculations.) Contribution Income Statement Sales $ 2,156,250 X Variable expenses 1,466,250 x Contribution margin 690,000 Fixed expenses O 552,000 x Net operating income 138,000 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted b-2. Compute the degree of operating leverage. (Do not round intermediate calculations.) Degree of operating leverage c. This part of the question is not part of your Connect assignment