Question: Calculating Contribution Margin, Contribution Margin Ratio, Breakeven Point, Target Profit, Margin of Safety, Degree of Operating Leverage, and Sensitivity Analysis for CVP Mendina, Incorporated produces

Calculating Contribution Margin, Contribution Margin Ratio, Breakeven Point, Target Profit, Margin of Safety, Degree of Operating Leverage, and Sensitivity Analysis for CVP Mendina, Incorporated produces an advanced type of coffee maker. Information about the coffee maker is below: Total Variable Cost at 450 units $ 54,000 Total Cost per Unit $ 235.00 Sales Price $ 270 Target Profit $ 120,000 Required: Fill in the chart and then use it to answer the questions. Use the information in the chart to create a Contribution Format Income Statement. Using the completed statement as a base, create new statements under each parameter independently. Hint: Use the information from the Base Statement or column B of the chart for formulas. Use the Open Excel in New Tab

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