Stenback Company sells flags with team logos. Stenback has fixed costs of $900,000 per year plus variable costs of $10.00 per flag. Each flag sells for $25.00. Read the requirements. Requirement 1. Use the equation approach to compute the number of flags Stenback must sell each year to break even First, select the formula to compute the required sales in units to break even. Net sales revenue - Variable costs Fixed costs Target profit Rearrange the formula you determined above and compute the required number of flags to break even. The number of flags Stenback must sell each year to break even is Requirement 2. Use the contribution margin ratio approach to compute the dollar sales Stenback needs to earn $90,000 in operating income for 2018. (Round the contribution margin ratio to two decimal places.) Begin by showing the formula and then entering the amounts to calculate the required sales dollars to earn $90,000 in operating income. (Round the required sales in dollars up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) = Required sales in dollars Requirement 3. Prepare Stenback's contribution margin income statement for the year ended December 2440 Arena 7 Anne IDs finalen in the nautalankarille anna in in Requirement 2. Use the contribution margin ratio approach to compute the dollar sales Stenback needs to eam $90,000 in operating income for 2018. (Round the contribution margin ratio to two decimal places.) Begin by showing the formula and then entering the amounts to calculate the required sales dollars to earn $90,000 in operating income. (Round the required sales in dollars up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) = Required sales in dollars CM per unit ROCCM ratio Fixed costs Cho Variable costs Stenback's contribution margin income statement for the year ended December Ann Anna /Dama home in final aneminen on in the navi sahala nunhas llen enter any number in the input fields and then continue to the next question. ? Stenback Company sells flags with team logos. Stenback has fixed costs of $900,000 per year plus variable costs of $10.00 per flag. Each flag sells for $25.00 Read the requirements. Requirement 3. Prepare Stenback's contribution margin income statement for the year ended December 31. 2018, for sales of 57,000 flags. (Round your final answers up to the next whole number.) (Use parentheses or a minus sign for an operating loss.) Stenback Company Contribution Margin Income Statement Year Ended December 31, 2018 Operating Income (Loss) Requirement 4. The company is considering an expansion that will increase fixed costs by 30% and variable costs by $2.50 per flag, Compute the new breakeven point in units and in dollars. Should Stenback undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) (Use the equation approach.) Stenback Company sells flags with team logos. Stenback has fixed costs costs of $10.00 per flag. Each flag sells for $25.00. Read the requirements. PureTV ou TIUJ JIYI TOT UITVpuruuny . Stenback Company Contribution Margin Income Statement Year Ended December 31, 2018 Contribution Margin Cost of Goods Sold Fixed Costs Gross Profit Sales Revenue Variable Costs onsidering an expansion that will increase fil he new breakeven point in units and in dollar the expansion? Give your reasoning. (Round your final answers up to the next equation approach.) Stenback Company sells flags with team logos. Stenback has fixed costs of $900,000 per year plus variable costs of $10.00 per flag. Each flag sells for $25.00. Read the requirements. Operating Income (Loss) Requirement 4. The company is considering an expansion that will increase fixed costs by 30% and variable costs by $2.50 per flag. Compute the new breakeven point in units and in dollars. Should Stenback undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) (Use the equation approach.) Begin by selecting the formula to compute the required sales in units to break even under the expansion plan. .O Target profit ined above and compute the required number of flags to break even under Contribution margin per unit Fixed costs fiance akeven point in units would be Net sales revenue Net sales revenue per unit a keven point in dollars would be s Variable costs Should Stenback undertake the expansion? Give your reasoning Stenback should only undertake the expansion if expected profits from the expansion expected costs. Stenback Company sells flags with team logos. Stenback has fixed costs of $900,000 per year plus variable costs of $10.00 per flag. Each flag sells for $25.00. Read the requirements. Operating Income (Loss) Requirement 4. The company is considering an expansion that will increase fixed costs by 30% and variable costs by $2.50 per flag. Compute the new breakeven point in units and in dollars. Should Stenback undertake the expansion? Give your reasoning (Round your final answers up to the next whole number.) (Use the equation approach.) Begin by selecting the formula to compute the required sales in units to break even under the expansion plan. y = Target profit break even under Rearrange the formula you determined above and compu the expansion plan. Contribution margin per unit Fixed costs Under the expansion plan, the breakeven point in units w "Net sales revenue Net sales revenue per unit Under the expansion plan, the breakeven point in dollars Variable costs Should Stenback undertake the expansion? Give your reasoning Stenback should only undertake the expansion if expected profits from the expansion expected costs. enback Company sells flags with team logos. Stenback has fixed costs of $900,000 per year plus variable ysts of $10.00 per flag. Each flag sells for $25.00 lead the requirements. Operating Income (Loss) Requirement 4. The company is considering an expansion that will increase fixed costs by 30% and variable costs by $2.50 per flag Compute the new breakeven point in units and in dollars. Should Stenback undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) (Use the equation approach.) Begin by selecting the formula to compute the required sales in units to break even under the expansion plan. . . . Target profit Rearrange the formula you determined above and compute the required number of flags to break even under the expansion plan. Under the expansion plan, the breakeven point in units would be flag are equal to Under the expansion plan, the breakeven point in dollars would be $ are greater than Should Stenback undertake the expansion? Give your reasoning are less than Stenback should only undertake the expansion if expected profits from the expansion expected costs