Topper Sports, Inc. produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets--the Standard, the Deluxe, and the Pro--that are widely used in amateur play Selected information on the rackets is given below Standard $50.00 Deluxe $ 75.00 Pro 5190.00 Selling price per racket Variable expenses per racket: Production Selling (5% of selling price) 5 28.00 $ 2.50 $ 33.00 5 3.75 $ 35.00 $5.00 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs. Fixed production costs Advertising expense Administrative salaries Total Per Month $ 126,200 106,000 56.000 5 285.000 Sales, in units, over the past two months have been as follows: April Hay Standard Deluxe 1.000 8,000 1,000 12,600 Pro 5.000 3,000 Total 3.000 12,000 Required: 10. 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 April 4 Will the break even point would 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 $20,600. What would be the effect on net operating income What would be the effect of Proracket sales increased by $20,600? Do not prepare incomie statements use the incremental analysis approach in determining your answer Complete this question by entering your answers in the tabs below