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 mateur play Selected information on the racket is given below Standard Del Selling price per racket 8 65.00 190.00 3 165.00 Variable penes per rachet Production $31.00 $42.00 50.00 Selling (54 of welling price) $ 3.25 $5.00 37.25 All sales are made through the company's own retail outlets. The Racket Division has the following fed costs Per Moth Pled production et 154,000 Matvertising pene 134,000 Ministrative salaries 14,000 Total 1 372.000 Sales, in units, over the past two months have been as follows Standard Deluxe Pro Total Apr 2.000 1.000 5,000 8.000 MAY 0.160 1.000 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 salesmi? 5. Assume that sales of the Standard racket increase by $23,400. What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $23,400? 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. RIA Re R5 R18 R4 Prepare contribution format income statements for April (Round Total Dercent to tale) Standard Amunt $ 130.000 Tepper Sports, Incorporated Income Gement for Apre Deluxe Ant Amour 1001 5 100.000 1005 728.000 Amunt 130s 965,000 100 10 200 2001 40.000 Variable expenses Production Seling 7.000 6.500 2.000 6.000 40 ST Total varten 14500 45.500 65 47000 35.000 2020 301.750 45 555 52750 407250 5.0 90 Fixed penses Production Advoring Ads Totale 30 Topper Sports, Incorporated produces high-quality sports equipment. The company Racket Divonnectures three tennis rackets-the Standard, the Delures, and the Pro that are widely used in amateur play Selected information on the fact is given below standard 16.00 105.00 Selling price per att Variable espera Production Bline is afwing price) 3.00 33.25 10. 3. 18.00 . All sales are made through the company's own real outlets. The Racketlision has the following costs ter Find prediction deringen Matrative laris 134,00 14.680 133.600 Swles, in units over the past two months have been as follows April wy 2.000 8.900 Ta 1,010 5.00 8,000 1,00 1,00 13,00 Required: ha Prepare contribution format income statements for April 1. Prepare contribution format income statements for May 3. Compute the Racket Division's break-even point in dollar sales for April 4. Was the break-even point would be higher or lower with May's sales mix than with Ari's sales? 5. Assume that sales of the Standard rocket increase by $23,400 What would be the effect on net operating income? What would be the effectif Pro racket sales increased by $23.400? 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. Het Reg4 Prepare contribution format come statements for May (round Total Desto decalace) Standard Toper portar Inconement for May Dalam A Pre AR Ama Productos Seng 00 0 1 00 PO Advising Rad 1 Rag 3 > ixed production costs Ldvertising expense dministrative salaries Cotal 134,000 84,000 372,000 les, in units, over the past two months have been as follows: Standard 2,000 8,000 April May Deluxe 1,000 1,000 Total 8,000 12,000 Pro 5,000 3,000 equired: a. Prepare contribution format income statements for April. b. Prepare contribution format income statements for May. Compute the Racket Division's break-even point in dollar sales for April. Will the break-even point would be higher or lower with May's sales mix than Assume that sales of the Standard racket increase by $23,400. What would he effect if Pro racket sales increased by $23,400? Do not prepare income sta etermining your answer. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3 Reg 4 Reg 5 Compute the Racket Division's break-even point in dollar sales for April. (Round in decimal place and final answer to the nearest whole dollar.) Break-even point in dollar sales $ 145.00 $ 65.00 $ 100.00 Selling price per racket Variable expenses per rackett Production Selling (51 of selling price) $ 39.00 $ 3.25 $ 42.00 $ 5.00 $ 58.00 $ 7.25 All sales are made through the company's own retail outlets. The Racket Division has the following Fixed production costs Advertising expense Administrative salarien Total Per Month $ 154,000 134,000 84,000 $ 372,000 Sales, in units, over the past two months have been as follows: Standard 2.000 8,000 April May Deluxe 1.000 1,000 Pro 5,000 3.000 Total 8,000 12,000 Required: 1-3. 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 5. Assume that sales of the Standard racket increase by $23,400. What would be the effect on ne the effect if Pro racket sales increased by $23.400? Do not prepare income statements; use the in determining your answer. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 3 Reg 5 Reg 4 Assume that sales of the Standard racket increase by $23,400. What would be the effect on net oper would be the effectif Pro racket sales increased by $23,400? Do not prepare Income statements; use approach in determining your answer Standard Pro Effect on Net operating income