Assignment Material income? 3-36. CONTRIBUTION MARGIN, GROSS MARGIN, AND MARGIN OF SAFETY. Bella Beauty manufactures and sells a face cream to small specialty stores in the greater Los Angeles area. It presents the monthly operating income statement shown here to George Sanchez, a potential investor in the business. Help Mr. Sanchez understand Bella Beauty's cost structure Required 1. Recast the income statement to emphasize contribution margin, 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2020. 3. What is the margin of safety (in units) for June 2020? 4. If sales in June were only 9,500 units and Bella Beauty's tax rate is 30%, calculate its net income. es Home Insert Page Layout Formulas Data Review View B C D 1 Bella Beauty 2 Operating Income Statement June 2020 3 Units sold 10,000 4 Revenues $120,000 5 Cost of goods sold Variable manufacturing costs $50,000 7 Fixed manufacturing costs 19.920 B Total cost of goods sold 69.920 9 Gross margin 50,080 10 Operating costs: 11 Variable marketing costs $22,000 12 Fixed marketing & admin, costs 18,000 Total operating costs 40.000 14 Operating income $ 10,080 3-37. UNCERTAINTY AND EXPECTED COSTS. Kindmart is an