E Homework: Ch 3 Homework Question 4, E3-36 (similar to) HW Score: 0.68%, 0.19 of 28 points Part 1 of 10 O Points: 0 of 5 Save Royalty 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 Diaz, a potential investor in the business. Help Mr. Diaz understand Royalty Beauty's cost structure. (Click the icon to view the operating income statement.) Read the requirements. Requirement 1. Recast the income statement to emphasize contribution margin. X Requirements Royalty Cosmetics Operating Income Statement, June 2020 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 8,500 units and Royalty's tax rate is 30%, calculate its net income. Print Done Help me solve this Etext pages Get more help - Clear all Check answerQuestion 4, E3-36 (Similar to) ) HW Score: 0.68%, 0.19 of 28 points Pant of 10 0 Points: 0 of 5 E Homework: Ch 3 Homework Royalty 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 Diaz, a potential investor in the business. Help Mr. Diaz understand Royalty Beauty's cost structure. a (Click the icon to view the operating income statement) Read the muirements. Data table Requirement 1. Recast the income statement to emphasize contribution margin. Royalty Beauty Royalty Cosmetics Operating Income Statement, June 2020 . 10,000 Operating Income statement, June 2020 Units sold Revenues $ 120,000 Cost of goods sold Variable manufacturing costs Fixed manufacturing costs Total Gross margin Operating costs Variable marketing costs Fixed marketing and administrative costs Total operating costs Operating income Help me solve this Etext pages Get more help