Due: Name (printed): MKTG 304 Homework Assignment: Module #13 Answer the following questions with the associated solutions. 1. If sales is $13,000 and variable costs is $7,000, what is the contribution margin? (2 points) 2. Answer the questions by looking at the worksheet below. Break-Even Analysis Worksheet Sallie's Accessories 129 Fashion Way, Skokie, Illinois Product Line: Jewelry Six months beginning June 2008 Unit Price (P) Variable Costs Fixed Costs (F) Units to Break per Unit (V) Store: Location: Period: Item Even $23.25 $2,000 Watches $49.99 Necklaces $2,000 $79.95 $29.50 $2,000 40 Rings $40.00 Bracelets $19.95 $4.50 $2,000 Earrings $41.50 $12.00 $2,000 a. What are the total fixed costs assigned to the jewelry department for the six-month period? (2 points) b. What is the break-even point for necklaces, bracelets, watches, and earrings? (4 points)