The Clothing Company buye haking socks for $6 per pair and to them for $10. Management budgets morty fads of St0,000 for sales volumes between 0 und 12.000 pain of des Read the camera Requirement 1. Use both the equation approach and the contribution margin approach to compute the company's monthly breakeven point in First, lect the formula to compute the company's monthly breakeven point in units using the equation prach Net sales revenue Varios Target pro Rearrange the formula you determined above and compute the reseven point in its The number of units needed to break eveni Now saint the labels and enter the amount to find the breakeven point in units using the contribution margineproach (bera y for any amount Abbreviation Contribution margin Required in Requirement 2. Use the contribution margin ratio approach to compute the breakeven point in a dollar Begin by selecting the formula, then enter the amounts and compute the breakevers point in sales dollars. Entra for wyrams 0 ) Required in ) - - Requirement. Compute the monthly sales vol in unita) reguired to our atret penting income of 59.200 Use other the equation approach of the contribution marginaproach The number of units roared to com a target operating income of $9.2008 The Cultura Company ways rainy wocks ter per pwr wed suits tom to 810. Maramurert rently tend com 10.000 evokument between 0 a 12.000 per och Read her you are the screen thay take you below the beginning of the rest of, or lack up the wo) Mesuremente. Pronu Thu Ching Company of the Dracheni, a fost contre, ond het contre hom, to bio pont, a towering the tegin by and was for When report where the women were volume meheven ponton and we were 0.000 TO TOTO Click to graph enlarge Now when the the windows for the other now your Click the go, choose tool in the end flow the structions 10 your graph gran Now select the graph that has the correct shadedreas and table for the operating for and the operating income are reaching your OB 1 BONGO Click the graph, choose a tool in the and follow the instructions to create your grup MacBook Air or pair and sells them for $10. Management budgets monthly fixed costs of $10,000 for sales volumes between 0 and 12,000 pairs of socks. Requirements Click to enlarge graph ceas and labels for the o 1. Use both the equation approach and the contribution margin approach to compute the company's monthly breakeven point in units. 2. Use the contribution margin ratio approach to compute the breakeven point in sales dollars. 3. Compute the monthly sales level (in units) required to eam a target operating income of $9,200. Use either the equation approach or the contribution margin approach 4. Prepare a graph of The Clothing Company's CVP relationships. Draw the sales revenue line, the fixed cost line, and the total cost line. Label the axes, the breakeven point, the operating income area, and the operating loss area. inswer.) B. OD Print Done