Presented here is the income statement for Fairchild Co. forMarch: Sales $ 84,000 Cost of goods sold 40,500 Gross profit $43,500 Operating expenses 30,500 Operating income $ 13,000 Based onan analysis of cost behavior patterns, it has been determined thatthe company's contribution margin ratio is 34%.
Required: a. Rearrange the preceding income statement to thecontribution margin format.
Calculate operating income if sales volume increases by 6%.(Do not round intermediate calculations.
Calculate the amount of revenue required for Fairchild tobreak-even
