Required: 1. What is the break-even point in unit sales and dollar sales? Note: Do not round intermediate calculations. Prepare contribution format income statements for May. Note: Round "Total percent" answers to 1 decimal place Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tenni rackets-Standard, Deluxe, and Pro-widely used in amateur play. Selected information on the rackets is given below: All sales are made through the company's own retall outlets. The Racket Division has the following fixed costs: Sales, in units, over the past two months were as follows: 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 Aprit. 4. Will 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 $22,400. What would be the effect on net operating income? What would the effect if Pro racket sales increased by $22,400 ? Do not prepare income statements; use the incremental analysis approach in determining your answer. Required: 3. Angie has decided that she must earn a profit of $34,000 the first yea be sold to attain this target profit? Required: 4. Angie now has two salespersons working in the store-one full time and one part tim. It will cost her an odditional $8.000 per year to comvert the part-time posibon to a full-time position. Angie believes the change would increase annual sales by $40,800; Should she convert the position? Usc the incremental approach. Multiple Choice