Stenbeck Company soils flags with team logos Stenbeck has fixed costs of $600,000 per year plus variable costs of $12.00 per flag Each fag sells for $24.00 Read the requirements Requirement 1. Use the equation approach to compute the number of flags Stenback must selleach year to break even First, select the formule to compute the required sales in units to break even - Target profit ined above and compute the required number of flags to break even Contribution margin perunt Food costs soll each year to break even is Net sales revenue on margin ratio approach to computere dolor sales Stenbeck needs to earn $24,000 in operating income for 2018. (Round the contribution margin ratio to two decimal places.) Net sales revenus per unit Variable costs then entering the amounts to calculate the required sales dollars to earn $24,000 in operating income. (Round the required sales in dollars up to the nearest whole for Foresample, $10.25 would be bution margin) - Required sales in dollars Requirement 3. Prepare Stenbock's contribution margin income statement for me operating loss.) and became a dosas. As. . oud. . .the next whole number) (Une parentheses or a minus sign for Requirements Stenback Company Contribution Margin Income Statement Year Ended December 31, 2018 1. Use the equation approach to compute the number of flags Strback must sel each year to break even 2. Use the contribution margin ratio approach to compute the dollar sales Stenback needs to som $24,000 in operating income for 2018. (Round the contribution marginio lo two decimal places) 3. Prepare Stenbock's contribution margin income statement for the year ended December 31, 2018, for sales of 40,000 Mags (Round your final answers up to the next whole number) 4. The company is considering an expansion that will increased costs by 30% and variable costs by 52 40 por fag. Compute the new breakeven point in units and in dollars. Should Stenback undertake the expansion Give your Operating Income (Loss) Choose from any list or enter any number in the input fields and then continu Sterback Company sells flags with team logos Stenback has fed costs of $800.000 per year plus variable costs of $12.00 per flag. Each fag sols for $24.00 Read the m oments Requirement 1. Use the equation approach to compute the number of fags Stenback must selleach year to break even. First, select the formula to compute the required sales in units to break even Target profit Rearrange the formula you determined above and compute the required number of flags to break even The number of fags Stenbackmustel each year to break even is Requirement 2. Use the contribution margin ratio approach to compute the door sales Storback needs to earn $24,000 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 the required for o m $24,000 in operating income round the required sales in dolar to the nearest whole dollar. For example, 510.25 would be to 511. Abreviation M o n margin) - Required sales in dolor Requirements. Prepare operating loss) back's c on margin income talement for the dema a n g netwhole numbe Requirements Stenback Company Contribution Margin income Statement Year Ended December 31, 2018 Contribution Margir Cost of Goods Sold 1. Use the equation approach to compute the number of Rage Stenbak must sell each you to break even 2. Use the contribution margin to approach to compute the dolares Stenbeck needs to eam $24.000 in operating income for 2018. (Round the contribution margin ratio lo decimal places.) 3. Prepare Stenbeck's contribution margin income t ant for the year ended December 31, 2018, for sales of 40,000 flags (Round your final answers up to De next whole number) 4. The company is considering an expansion that will increased costs by 30% and variable costs by 62 40 per la compute the new breakeven point units and in dollars. Should Stenback undertake the expansion? .ve your reasoning Round your final answers up to the next whole number) Sales Revenge Variatio Costs number in the rout fields and then conting