Tolet Company selis flags with team iogos. Toler has fixed costs of $210.000 per yoar plus vackable cosli of 5360 per figg Each fag sels for 51000 . Read the poyrements Requirement 1. Use the equation apgroach to compute the number of fags Toler must sel each ywar to break even Fist; select the formuts to compute the reguired soles in units to break even. Rearange the formila you detemined above and compine the required number of fags to break even. Thie number of faga Toler must sel each year to tre as eveh is decimal pleses dolat, For example, 51025 would be rounded to $11, Abbrevation used CM i conthution margin) porkrteneme or a miniat sign for an operating bas) Toler Company sets flags with team logos. Toler has fxed costs of $210,000 per year plas variable costs of $300 per flog. Each fag sels for $10.00. Shoukd Toler undertake the exparsion? Give your reasoning. (Hound your final antwert up to the next whole number) (Use the equallon apprach ] Begin ty selecing the formula to compute the reguived wakes in unts to break even unser the exansion stan Hearrange the formula you determined above and compole the requied number of fage bo break even inder the sxpansan plan Under the expansipel pian, the benakeven poimd in unta would be Under the expansion plan, the breaknven point in oditars would be Showla Toler undertokn the equanskan? Cive your reascining Toler should anly undertake the axpankion if fapected profts frimm the expension the expectied costs Toler Compony sells flags with team logos. Toler has fixed costs of $210,000 per year plus variable costs of $3.00 per flag. Each flag sels for $10.00. Read the requirements. Requirements 1. Use the equation approach to compule the number of flags Toler must sell each vear to break even. 2. Use the contribution margin ratio approoch to compute the dollar sales Toler needs to earn $35,000 in operating incomb for the year. (Round the contribution margin ratio to two decimal places.) 3. Prepare Toler's contribution margin income statement for the year ended December 31, for sales of 26.000 flags. (Round your final answers up to the next whole number.) 4. The company is considering an expansion that will increase ficod costs by 40% and variable costs by $1.00 per flag. Compute the new breakeven point in units and in dollars. Should Toler undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) foler Company sels fags with team logos. Toler has fxed costs of $210,000 per year plus variable costs of $300 per flag Each 7 ag sels for $10 oo Read the reavirements. Requirement 1. Use the equasion approach to compule the number of flags Toler must sel each year to break even First select the formula to compute the required sales in uniss to break even. Rearrange the formula you detarmined above and compute the required number of flags to break wren. The number of fags Toler must sel each year to break even it Requirement 2. Use the contrbulion margin ratio spproach to compute the dolar saves Toler needs to wavn 535,000 in operatng income for the year, (Found the contrbutan magho ratio to twe decimal places.) Fecquirement 3. Precare Tolers conirbution mary in pererthetes or a minus siph tor an opelating loss.? Toler Company sella flogi wath tesm logos. Toler has flxed costs of $210,000 per year plus varable costs of $3.00 per fag. Each fag selis for $10.00. Aequirement 3. Prepare Toler's contribution margin inceme stakement for the yeur ended Deokmber 31, for saies of 26,000 flags. (Round your frat anwwert up fo the meat whole number) (Uei. patentheset or a minus sign for an ogerabing loss, Shovid Toler undertake the expansion? Give your reasoning. (Round your final answers op to the nent whole number) (Use the equation approsach) Begin by selecting the formula to compule the required sales in units to break even under the expansion plan. Reamange the formula you determirnd abeve and compute the requited number of flogs to break even under the expansion plan Under the expaneign plar, the breakiven pont in units would be Whier the exparmon plan, ithe beakevtn polet in dolars would be Should Toke underake the expansien? Gise your reasoning