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please help with part two and three! ill give a good rati ng if correct! Graham's Steel Parts produces parts for the automobile industry. The

please help with part two and three! ill give a good rati ng if correct!
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Graham's Steel Parts produces parts for the automobile industry. The company hns monthly fixed expenses of 5640,000 ind a contributis. Read the reguicements. 1 Fixad expenses (Round your wower up in ithat neareat whole dasar) Orahlimin mut now achinye balies of fo risaintain the sams icvit of nrota. Requirements Gratian row wohieders Graham's Steel Parts produces parts for the automobie industry. The company has monthly fixed expenses of 5640,000 and a contribution margin of 85% of revenues. Graham feels ike he's i a giant squeeze play. The automotive manutactueers are demanding lower peices, and the stoel producers have increased raw material costs. Graham's contribution margin has shrurk to 55% of revenves. The company's monthly operating income, pricr to these pressures, was $235,500. Read the requitamonts. Requirement 1. To maintain this same level of profit, what sales volume (in sales revenue) must Graham now achieve? Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. ( Foxed expenses + ) Contribution margin rato = Target sales in doilars (Round your answer up to the nearest whole dolar) Grahant must now achieve sales of to maintain the same iovet of prott Requirements 1. To maintain this same level of proft, what sales volume (in sales revenue) must Graham now achiere? 2. Gratam beleves that his monthly sales revenue will only go as high as 51,090,000. He is thinking about maving operations overseas to cut fixed costs. If monttly sales are $1,030,000, ty how much wil he need to cut fixed costs to maintain his pror profit level of $235,600 por month

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