Topper Sports, Inc. produces high quality sports equipment. The company's Racket Division manufactures three tennis rackets- the Student, the Deluxe, and the Pro- that are widely used in amateur day. Selected information on the rackets is given below:

Standard
Selling Price per racket: $43.00
Variable Expenses per racket:
Production: $17.20
Selling (5% of selling price): $2.15

Deluxe
Selling Price per Racket: $62.00
Variable Expenses Per Racket:
Production: $21.70
Selling (5% of selling price): $3.10

Pro
Selling Price per Racket: $87.00
Variable Expenses per Racket:
Production: $26.10
Selling (5% of selling price): $4.35

All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs:

Per Month

Fixed Production Costs: $107,000
Advertising Expense: $108,000
Administrative Salaries: $52,000
Total: $267,000

Sales, in units, over the past two months have been as follows:

Standard (April): 4,000
Deluxe (April): 3,000
Pro (April): 7,000
Total (April): 14,000

Standard (May): 11,000
Deluxe (May): 3,000
Pro (May): 6,000
Total (May): 20,000

a. Prepare contribution format income statements for April.