URGENT

Requirements 1. Compute Graham's Steel Parts' monthly breakeven sales in dollars. 2. Use the contribution margin ratio to project operating income (or loss) if revenues are $510,000 and if they are $1,000,000. 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 1? Explain. Graharris Steed Parts produces parts for the automoble industry. The company has monthly fixed expenses of 3020,000 and a contribution margin of 70% of revenues. Read the Requiremont 2. Usa the contribution margin fasio to projoct operating income (or loss) if reventues are 3510,000 and if they are 51.,000,000. contribution margin tasio as a whole percect. Enter losses with a minus sign or parentheses.) Requirement 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 17 Explain Since $510,000 is the breakeven point, it Since $1,000,000 is the breakeven point, it