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Ty Spint Calendars imprints catendars with colege names. The company has fixed expenses of $1,125,000 each manth plus variade expenses of 54.50 per cantan of

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Ty Spint Calendars imprints catendars with colege names. The company has fixed expenses of $1,125,000 each manth plus variade expenses of 54.50 per cantan of calendan. Of the variable dxpense, 72% is cost of goods sold, while the remaining 28% relates to variable operating expenses. The cempany seis etach cartan of calendsis for $19.50. Read the cequirements. Requirement 1. Compute the number of cartons of calendars that Try Spint Calendars must sed each month io breakeven Elegin by detecmining the basic income statement equabon. Sales sevence Fared wipenset Variase expences Using the basic income statement equation you determined asom solve for the cumber of carfons wo break ever The breakeren salos is canons: 1. Compute the number of cartons of calendars that Try Spirit Calendars must sell each month to break even. 2. Compute the dollar amount of monthly sales that the compary needs in order to earn $338,000 in operating income (rourd the contribution margin ratio to two decimal places). 3. Prepare the companys contribution margin income statement for June for sales of 480,000 cartons of calendars. 4. What is June's margin of safety (in dellars)? What is the operating leverage factor at this level of sales? 5. By what percentage will operating income change if Julys sales volume is 13% higher? Prove your

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