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Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets-Standard, Deluxe, and Pro-widely used in amateur play. Selected information on

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Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets-Standard, Deluxe, and Pro-widely used in amateur play. Selected information on the rackets is given below: All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Sales, in units, over the past two months were as follows. Required: 1. Prepare contribution format income statements for Aprit i.b. Prepare contribution format income statements for May. 3. Compute the Racket Division's break-even point in dollar sales for April 4. Wil the breakeven point be higher or lower with May's sales mix than wath April's sales mix? 5. Assume that sales of the Standard rocket increase by $2,4,000. What would be the effect on net operating income? What would be the effect if Pro racket soles increased by $24,000 ? Do not propare income statements; Use the incrementat analysis approoch in determining your answer. Compiete this question by entering your answers in the tabs below

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