Topper Sports, Incorporated, produces high-quality sports equlpment. The company's Racket DIvIsion manufactures three tennls rackets-the Standard, the Deluxe, and the Pro-that are widely used in amateur play. Selected Information on the rackets is given below: All sales are made through the company's own retall outlets. The Racket Division has the following fixed costs: Sales, in units, over the past two months have been as follows: 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. Would the break-even point be higher or lower with May's sales mix than with Aprll's sales mix? 5. Assume that sales of the Standard racket increase by $23,000. What would be the effect on net operating income? What would be the effect If Pro racket sales increased by $23,000 ? Do not prepare income statements; use the incremental analysis approach in determining your answer. Req1A Req 1BReq3 Req 4 Req 5 Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) 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.) Assume that sales of the Standard racket increase by $23,000. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $23,000 ? Do not prepare income statements; use the incremental analysis approach in determining your answer. Topper Sports, Incorporated, produces high-quality sports equlpment. The company's Racket DIvIsion manufactures three tennls rackets-the Standard, the Deluxe, and the Pro-that are widely used in amateur play. Selected Information on the rackets is given below: All sales are made through the company's own retall outlets. The Racket Division has the following fixed costs: Sales, in units, over the past two months have been as follows: 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. Would the break-even point be higher or lower with May's sales mix than with Aprll's sales mix? 5. Assume that sales of the Standard racket increase by $23,000. What would be the effect on net operating income? What would be the effect If Pro racket sales increased by $23,000 ? Do not prepare income statements; use the incremental analysis approach in determining your answer. Req1A Req 1BReq3 Req 4 Req 5 Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) 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.) Assume that sales of the Standard racket increase by $23,000. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $23,000 ? Do not prepare income statements; use the incremental analysis approach in determining your