ts Selling price per racket Variable expenses per racket: Production Selling (5% of selling price) Pro $ 145.00 Standard Deluxe $ 65.00 $ 100.00 $ 39.00 $3.25 $ 42.00 $ 58.00 $ 5.00 $7.25 All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Book Per Month Fixed production costs $ 150,000 Advertising expense 130,000 Print Administrative salaries 80,000 rences Total $360,000 Sales, in units, over the past two months have been as follows: April May Standard Deluxe Pro 2,000 1,000 5,000 8,000 1,000 3,000 Total 8,000 12,000 Required: 1-a. Prepare contribution format income statements for April. 1-b. Prepare contribution format income statements for May.