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Pls help me or I'll fail this class! Thank you so much in advance Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division

Pls help me or I'll fail this class! Thank you so much in advance

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Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets-the Standard, the Deluxe, and the Pro-that are widely used in amateur play. Selected Information on the rackets is given below: Standard Deluxe Pro Selling price per racket $ 45. 00 $ 70.90 $ 100.00 Variable expenses per racket: Production $ 27.00 $ 35.60 $ 36.08 Selling (5% of selling price) $ 2.25 $ 3.50 $ 5.00 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Per Month Fixed production costs $ 140, 030 Advertising expense 120, 008 Administrative salaries 76, 080 Total $ 330, 080 Sales, in units, over the past two months have been as follows: Standard Deluxe Pro Total April 2,060 1, 09e 5,906 8,008 May B, 900 1, 080 3,008 12,080 Required: 1-a. Prepare contribution format income statements for April. 1-b. Prepare contribution format income statements for May, 3. Compute the Racket Division's break-even point in dollar sales for April. 4. Would the break-even point be higher or lower with May's sales mix than with April's sales mix? 5. Assume that sales of the Standard racket increase by $22,000. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $22,000? Do not prepare income statements; use the incremental analysis approach in determining your answer. Req 1B Reg 5 Req 1A Req 3 Reg 4 Prepare contribution format income statements for April. (Round "Total percent" answers to 1 decimal place) Topper Sports, Incorporated Income Statement for April Standard Deluxe Pro Total Amount % Amount % Amount % Amount Variable expenses Total variable expenses Fixed expenses: Total fixed expenses Req 1A Req 18 Reg 3 Req 4 Req 5 Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) Topper Sports, Incorporated Income Statement for May Standard Deluxe Pro Total Amount % Amount % Amount Amount Variable expenses: Total variable expenses Fixed expenses Total fixed expenses

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