U Propiems Save Score: 0 of 11 3 of 4 (0 complete) HW Score: 0%, 0 of 4 pts P21-51A (similar to) Question Help mit Scox Crandal Company sells flags with team logos Crandall has forced costs of $583 200 per year plus variable costs of 54.80 per flag Each flag sels for $12.00 Requirements pts: 1. Use the equation approach to compute the number of flags Crandall must so each year to break even homew 2. Use the contribution margin ratio approach to compute the dollar sales Crandall needs to earn $33.000 in operating income for 2016. (Round the contribution margin ratio to two decimal places) 3. Prepare Crandall's contribution margin income statement for the year ended December 31, 2016, for sales of 74,000 flags (Round your final answers up to the next whole number) 4. The company is considering an expansion that will increase forced costs by 21% and variable costs by 50 60 per flag Compute the new breakeven point in units P21-49A and in dollars. Should Crandall undertake the expansion? Give your reasoning (Round your final answers up to the next whole number) 1-51A (SA Requirement 1. Use the equation approach to compute the number of fage Crandall must each year to break even First, select the formula to compute the required sales in units to break even Targot prodit e what to Scourse (ACCT Choose from any drop down list and then click Check Answer 8 Parts remaining Clear All Check