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Presented here is the income statement for Fairchild Co. for March: Sales Cost of goods sold Gross profit Operating expenses Operating income $80,500 41,500 $39,90

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Presented here is the income statement for Fairchild Co. for March: Sales Cost of goods sold Gross profit Operating expenses Operating income $80,500 41,500 $39,90 30,500 $ 8,500 Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 33%. Required: a. Rearrange the preceding income statement to the contribution margin format b. Calculate operating income if sales volume increases by 7% c. Calculate the amount of revenue required for Fairchild to break even. Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 39%. Required: a. Rearrange the preceding income statement to the contribution margin format b. Calculate operating income if sales volume increases by 7%. c. Calculate the amount of revenue required for Fairchild to break even. Complete this question by entering your answers in the tabs below. Required A Required B Required Rearrange the preceding income statement to the contribution margin format. Cost of goods sold Fixed expenses Operating expenses Sales RepairedA Required B > Variable expenses Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 33% Required: o. Rearrange the preceding income statement to the contribution margin format b. Calculate operating income if sales volume increases by 7% c. Calculate the amount of revenue required for Fairchild to break even. Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate operating income if sales volume increases by 796. (Do not round Intermediate calculations.) Operating Income Operating loss Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 33% Required: o. Rearrange the preceding income statement to the contribution margin format. b. Calculate operating income if sales volume increases by 7%. c. Calculate the amount of revenue required for Falschild to break even Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate the amount of revenue required for Fairchild to break even. Broak oven

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