Question: Based on the Contribution Margin format income statement Sydney Bakery Contribution Margin Income Statement Sales in units $6,600 $150 $3,750 3,000 $19,800 $10,500 Sales Less:

Based on the Contribution Margin format income statement

Sydney Bakery

Contribution Margin Income Statement

Sales in units

$6,600

$150

$3,750

3,000

$19,800

$10,500

Sales

Less: Variable expenses

Cost of goods Sold

Advertising

Salaries

Total variable cost

$800

$1,800

$700

$500

$3,600

Contribution Margin

$9,300

$7,400

Less: Fixed expenses

Advertising expense

Rent

Depreciation

Advertising

Salaries

Total Fixed cost

Net Operating Income

$1,900

calculate the following: 1. Total Contribution Margin

2. Contribution Margin per unit

3. Contribution Margin ratio

4. Break even point in $ and in units

5. Number of units and sales $ required to achieve monthly profits of $4,200.

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