Question: Data table Bella Beauty Operating Income Statement, June 2020 Next question Units sold Revenues 10,000 $ 120,000 Cost of goods sold Variable manufacturing costs $
Data table Bella Beauty Operating Income Statement, June 2020 Next question Units sold Revenues 10,000 $ 120,000 Cost of goods sold Variable manufacturing costs $ 50,000 19,920 Fixed manufacturing costs 69,920 Total Gross margin 50,080 Operating costs Variable marketing costs $ 22,000 18,000 Fixed marketing and administrative costs Total operating costs Operating income Print Done ext pages Get more help 40,000 $ 10,080 Clear all 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. (Click the icon to view the operating income statement.) Read the requirements. valiaUIC Variable manufacturing costs $ 50,000 Variable marketing costs 22,000 Total variable costs 72,000 48,000 Contribution margin Fixed costs Fixed manufacturing costs $ 19,920 Fixed marketing and administration costs 18,000 Total fixed costs Operating income 37,920 $ 10,080 Requirement 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2020. Begin by selecting the formula to calculate the contribution margin percentage. Then enter the amounts in the formula to calculate the percent. (Enter the percentage as a whole number.) = Contribution margin percentage Requirement 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2017. Begin by selecting the formula to calculate the contribution margin percentage. Then enter the amounts in the formula to calculate the percent. (Ent Contribution margin Contribution margin percentage ( 72000 Revenues 200000 )= 36 % Determine the formula for the breakeven point in units. Next, enter the amounts to calculate the breakeven point. (Enter the contribution margin per Fixed costs 50400 Contribution margin per unit = Breakeven point in units 4.11 12262.77 units Determine the formula to calculate the breakeven point in revenues. Then, enter the amounts in the formula. (Enter the percentage as a whole num Sales price per unit Fixed costs Breakeven point in revenues % => Requirement 3. What is the margin of safety (in units) for June 2017? Determine the formula to calculate the margin of safety in units. Then enter the amounts in the formula and calculate the margin of safety for June 2 Current sales level in units Breakeven point in units 10000 12262.77 Margin of safety 2262.77 units Requirement 4. If sales in June were only 8,000 units and Starlet's tax rate is 30%, calculate its net income. Complete the table below to calculate Starlet's net income if sales were only 8,000 units and Starlet's tax rate is 30%. (Round the tax expense to the Contribution margin Less: Fixed costs Operating income Less: Tax expense Net income Show transcribed image text Expert
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