Topper Sports, Incorporated 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 Deluxe Pro selling price per racket 145.00 170.00 #100.00 Variable expenses per racket Production $ 27.00 * 35.00 $36.00 Selling (54 af velling price 5 2.25 $ 3.50 $ 5.00 All sales are made through the company's own retail outlets. The Racket Division has the following foed costs: Fixed production costs Advertising expense Ministrative salaries Total Ter month $ 138,000 110.000 68.000 $ 324,000 Sales, in units over the past two months have been as follows: Standard Deluxe Pro April Total 2,000 1.000 5.000 3,000 0.000 1.000 3,000 12.000 Required: 1-a. Prepare contribution format income statements for April 1-6. 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 $21,800. What would be the effect on net operating income? What would be the effect of Pro racket sales increased by $21,800? Do not prepare income statements; use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Rea IA Rech Ree Reg 4 Rees Prepare contribution format income statements for April. Round "Total percent" answers to 1 decimal place) Topper Sports, Incorporated Income Statement for April Standard Deluxe Amount % Amount Pro Total Amount Amount * Variable expen Total variable expenses 0 0.0 os 0 OS 0 0.0 and expenses Total expenses Reg 18 Topper Sports, Incorporated 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 Deluxe Pro selling price per racket Variable expenses per rackets $45.00 $ 70.00 $ 100.00 Production $ 27.00 $35.00 $36.00 telling of selling price +2.25 All sales are made through the company's own retail outlets. The Racket Division has the following foxed costs Per Month Tied production costs 138,000 Advertising pene 118.000 Administrative salaries 20.000 Total 1324,000 Sales, in units over the past two months have been as follows Ati May standard Deluxe 2,000 2.000 1.000 1.000 Pro 5.000 3,000 Total 8,000 12,000 Required: H. Prepare contribution format income statements for April 10. 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? 5. Assume that sales of the Standard racket increase by $21800. What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $218007 Do not prepare income statements, use the incremental analysis approach in determining your answer Complete this question by entering your answers in the tabs below. RA Re 1 Reg 3 Reg 4 Regs Prepare contribution format income statements for May (Round "Totat percent answers to 1 decimal place) Standard Art Topper parts. Incorporated Income Statement for May Det Amount Pro Amant Total Amo % 56 Total van 0 0 015 0 0 0 1 00 00 0 Fade Your experts Ret Reg 1A Reg 3 > Topper Sports, Incorporated, 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 Deluxe Pro Selling price per racket $ 45.00 $ 70.00 $ 100.00 Variable expenses per racket: Production $ 27.00 $ 35.00 $36.00 Selling (51 ot selling price) $ 2.25 $ 3.50 $ 5.00 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs. Tixed production costat Advertising expense Administrative salaries Total Per Month $ 138.000 110,000 68,000 $ 324,000 Sales, in units over the past two months have been as follows: Pro April May Standard Deluxe 2,000 1.000 1.000 1,000 5,000 total 8,000 12,000 3,000 Required: 1-a. 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 $21,800. What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $21800? Do not prepare income statements, use the incremental analysis approach in determining your answer Complete this question by entering your answers in the tabs below. Reg LA Reg 1B Reg 3 Reg 4 Regs Compute the Racket Division's break-even point in dollar sales for April (Round Intermediate percentage calculations to 1 decimal place and final answer to the nearest whole dollar) Break-even point in dollar sales Req 18 Rag 4 > Topper Sports, Incorporated 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 Deluxe Pre Selling price per racket $ 45.00 $ 70.00 $ 100.00 Variable expenses per racket Production $ 27.00 $35.00 5 36.00 Selling 54 of selling price) 5 2.25 $ 3.50 $ 5.00 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Per Month Tixed production conta $ 130,000 Advertising expense 118.000 Administrative salaries 68.000 Total 5 324,000 Sales, In units, over the past two months have been as follows: April May Standard Deluxe 2,000 1,000 3.000 1,000 5,000 3,000 Total 8.000 12,000 Required: 1-a. Prepare contribution format income statements for April 1-6. 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 $21800 What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $218007 Do not prepare income statements, use the incremental analysis approach in determining your answer Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3 Reg 4 Reg 5 Whether the break-even point would be higher or lower with May's sales mix than with Apri's sales me Higher lower Topper Sports, Incorporated 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 Deluxe zo Selling price per racket $ 45.00 $ 70.00 $ 100.00 Variable expenses per racket Production $ 27.00 $ 35.00 $36.00 Selling (5t of selling price) $ 2.25 $ 3.50 $ 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 $ 138,000 110,000 68,000 $ 324.000 Sales, in units, over the past two months have been as follows: April MAY Standard Deluxe 2.000 1,000 8,000 1,000 Pro 5,000 3.000 Total 3,000 12.000 Required: 1-a. 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 tacket increase by $21800. What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $21,800? Do not prepare income statements, use the incremental analysis approach in determining your answet Complete this question by entering your answers in the tabs below. Reg LA Reg 1B Reg 3 Reg4 Regs Assume that sales of the Standard racicet increase by $21,800. What would be the effect on net operating income? What would be the effect Pro racket sales increased by $21,8007 Do not prepare income statements, use the incremental analysis approach in determining your answer. Standard Pro Effect on Net operating income