Vancouver's Steel Parts produces parts for the automobile industry. The company has monthly fed expenses of $530,000 and a contribution margin of of revenues Requirements 1. Compule Vancouver's Steel Parts monthly break-even sale in dollars. Use the contribution margin ratio shortcut approach 2. Use the contribution marginalioto project operating income (or loss) if revenues are $880,000 and if they are $1,000,000 3. Do the results in Requirement2 make sense given the break-even les you computed in Requirement 1 Explain Requirement 1. Comouth Vancouver's Steel Pans monthly break-events in collars. Use the contribution margin ratio shortcut approach Det the labels to complete the formada, and then enter the amounts to colletto Vancouver's Soul Partit monty break even totes les Entertation as decimals. Round your answer up to the treat whole kwensin dollar Requirement to the contribson margination to project operating income for a revenons we $880.000 and if they are 1,000,000 Com cerating come projection by testing the labels. The project operating income for revenues are $820.000. In the next le complete the nating income Decors 1.000.000 or losses with a minus sign or parentheses. Enter ratios as decimals) Vancouver's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $530,000 and a contribution margin of 85% of revenues Requirements 1. Compute Vancouver's Steel Parts monthly break-even sales in dollars. Use the contribution margin ratio shortcut approach 2. Use the contribution margin ratio to project operating income (or loss) revenues are $880,000 and if they are $1,000,000 3. Do the results in Requirement 2 make sense given the break even sales you computed in Requirement 1? Explain. Operating Income Projections at Dittorent Sales Les Opating income (5) Requirement 3. Do the results in Requirement 2 make sense given the break-even sales you computed in Requirement 17 Exploin Since 5080.000 in the break-oven point sale in dollars, it makes sense there is an operating Rovinces of $1,000,000 would lead to a Choose from any stor enter any number in the input fields and then continue to the next