Problem 5-28 (Algo) Sales Mix; Multiproduct Break-Even Analysis (L05-9) 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 $ 55.ee Deluxe $ 86.ee Pro $ 125.ee Selling price per racket Variable expenses per racket: Production Selling (5% of selling price) $ 33.ee $ 2.75 $ 43.de $ 4.30 $ 45.00 $ 6.25 All sales are made through the company's own retall outlets. The Racket Division has the following fixed costs: Fixed production costs Advertising expense Administrative salaries Total Per Month $ 146, eee 126,000 76,00 $ 348, eee Sales, in units, over the past two months have been as follows: April May Standard Deluxe 2,000 1, mee 8, 1, eee Pro 5, eee 3,000 Total 8, eee 12, eee Required: 1-a. Prepare contribution format income statements for April 1-6. Prepare contribution format Income statements for May 3. Compute the Racket Division's break-even point in dollar sales for April 4. Will the break-even point would 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 $22,600. What would be the effect on net operating Income? What would be the effect if Pro racket sales increased by $22,600? Do not prepare Income statements; use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 3 Reg 4 Reg 5 Prepare contribution format income statements for April. (Round "Total percent" answers to 1 decimal place) Topper Sports, Incorporated Income Statement for April Deluxe 96 Amount % Standard Pro Total Amount Amount % Amount 96 Sales Variable expenses: Production Total variable expenses 0 1 0 0 0 0 0.0 0 0 0 $ 0 S 0 $ 0 0 S 01 0.0 Fixed expenses: Total fixed expenses 0 S 0 RENA Req 1B > Problem 5-28 (Algo) Sales Mix; Multiproduct Break-Even Analysis (LO5-9) 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 $ 55.ee Deluxe 5 86.ee Pro 5 125.ee Selling price per racket Variable expenses per racket Production Selling (5% of selling price) () $ 33.ee $ 2.25 $43.00 $ 4.30 $ 45.ee $ 5.25 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Fixed production costs Advertising expense Administrative salaries Total Per Month $ 146,800 226, eee 76,00 $ 348,00 Sales, in units, over the past two months have been as follows: April May Standard Deluxe 2,800 1, eee 8, eee 1,000 Pro 5,Bee 3,aee Total 8,eee 12, see 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. Will the break-even point would 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 $22.600. What would be the effect on net operating Income? What would be the effectif Pro racket sales increased by $22,600? Do not prepare Income statements; use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3 Req 4 Reg 5 Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) Topper Sports, Incorporated Income Statement for May Deluxe % Amount % Standard Pro Amount Total Amount Amount 9 95 Variable expenses Total variable expenses 01 0 0 0 0 0 0.0 0.0 $ 0 0 0 s 0 0 $ 0 0 s 0 Fixed expenses Total foxed expenses 0 ( Req 1A Req3 > Problem 5-28 (Algo) Sales Mix; Multiproduct Break-Even Analysis (LO5-9) 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 $ ss.ee Deluxe $ 86.89 Pro $ 125.00 Selling price per racket Variable expenses per racket: Production Selling (5% of selling price) $ 33.00 $ 2.75 $ 43.89 $ 4.30 $ 45.00 $ 6.25 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Fixed production costs Advertising expense Administrative salaries Total Per Month $ 146,000 126, eee 26,900 $ 348,000 Sales, in units, over the past two months have been as follows: April May Standard 2, eee 8,000 Deluxe 1, eee 1,000 Pro 5,000 3,000 Total 8,000 12,000 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. Will the break-even point would 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 $22,600. What would be the effect on net operating Income? What would be the effect if Pro racket sales increased by $22,600? Do not prepare Income statements, use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Reg 14 Reg 1B Reg 3 Req 4 Reg 5 Compute the Racket Division's break-even point in dollar sales for April. (Round intermediate percentage calculations to 1 decimal place and final answer to the nearest whole dollar.) Break-even point in dollar sales Problem 5-28 (Algo) Sales Mix; Multiproduct Break-Even Analysis (LO5-9) Topper Sports, incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets-the Standard, the Deluxe, and the Prothat are widely used in amateur play. Selected Information on the rackets is given below: Standard Deluxe Pro Selling price per racket $ 55.00 $ 86.80 $ 125.00 Variable expenses per racket: Production $ 33.00 $43.00 $ 45.00 Selling (5% of selling price) $ 2.75 $ 4.30 $ 6.25 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Fixed production costs Advertising expense Administrative salaries Total Per Month $ 146, eee 126,00 76,000 $ 348,00 Sales, in units, over the past two months have been as follows: April May Standard 2, eee 8,000 Deluxe 1, eee 1, Pro 5, eee 3,000 Total 8, eee 12,eee Required: 1-a. Prepare contribution format income statements for April. 1-6. Prepare contribution format Income statements for May. 3. Compute the Racket Division's break-even point in dollar sales for April. 4. Will the break-even point would 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 $22.600. What would be the effect on net operating Income? What would be the effect of Pro racket sales Increased by $22,600? Do not prepare Income statements; use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 3 Reg 4 Reg 5 Assume that sales of the Standard racket increase by $22,600. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $22,600? Do not prepare income statements; use the incremental analysis approach in determining your answer. Standard Pro Effect on Net operating income