1)Create a contribution format income statement if total fixed cost is $40,000, sales price per unit is $50, variable cost per unit is $30 and the company sold 21,000 units.

In Total Per Unit Sales [ Select ] [ Select ] Variable Expenses [ Select ] [ Select ] Contribution Margin [ Select ] [ Select ] Fixed Expenses [ Select ] Net Operating Income [ Select ]

2)Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.59 and the average variable expense per cup is $0.56. The average fixed expense per month is $1,450. 2,200 cups are sold each month on average. What total sales dollar figure must the company achieve to earn a target profit of $6,000? Use the equation method or the formula method. Round to the nearest dollar. Hint: use the CM ratio from problem #5. Group of answer choices

$11,879

$10,589

$9,879

$11,497

3)Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.59 and the average variable expense per cup is $0.56. The average fixed expense per month is $1,450. Current sales are $3,498. What is the margin of safety expressed in Sales Dollars? Also, calculate the margin of safety as a percentage of current sales. (Hint: first calculate the break-even point in sales dollars, then calculate margin of safety in $). Round to the nearest dollar.

Margin of Safety in Dollars [ Select ] ["$2,238", "$1,260", "$3,498", "$1,000"]

Margin of Safety as a % of Current Sales [ Select ] ["36%", "58%", "12%", "64%"]

4)Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.59 and the average variable expense per cup is $0.56. The average fixed expense per month is $1,450. Current sales are $3,498 (2,200 cups of coffee). What is the degree of operating leverage? Hint: you will need to calculate total variable costs (units x variable cost per unit), then calculate total contribution margin (total sales - total var. costs), then calculate net operating income (total contribution margin - total fixed costs). Degree of operating leverage = Total CM/Net operating income

Group of answer choices

2.78

8.90

2.45

3.12

Can you please tell me the answer to these questiosn.