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Tralynna Products distributes two premium kid chairsHayden Recliner and Hadley Rocking. Monthly sales and the contribution margin ratios for the two products follow: Hayden Recliner

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Tralynna Products distributes two premium kid chairsHayden Recliner and Hadley Rocking. Monthly sales and the contribution margin ratios for the two products follow: Hayden Recliner Hadley Rocking Total Sales $600,000 $300,000 $900,000 CM ratio 75% 45% ? Fixed expenses total $360,750 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. Carry computations to one decimal place. 2. What is the company's break-even point in dollar sales based on the current sales mix? 3. If sales increased by $120,000 a month, by how much would you expect the monthly net operating income to increase

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