Question: PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Torget Profit [ LO 6-1, 6-2] Hawk Hornes, Incorporated makes one type of birdhouse that
PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Torget Profit [ LO 6-1, 6-2] Hawk Hornes, Incorporated makes one type of birdhouse that it sels for $30.50 cach its variable cost is $14.20 per house, and ifs fixed costs total $13,95280 per year. Hawk currently tas the capactly to produce up to 2700 birdiouses per year, so its felevant range is 0 to 2700 houses: Required: 1. Prepare a controution margin income staternent for Hawk assuming it seils 1,260 birchouses this yeat 2. Without any calculations, determine Hawks total contribution margin if the company breaks even. 3. Calculate Hawks contribution maiginper usitand its contributionmargintratio. 4. Calculate Hawk's breakeven point in number of units and in sales revenee 5. Suppose Hawk wants to eam $24,000 this year. Determine how many birchourses if rust sell to generate this amount of proit Complete this question by entering your answers in the tabs below
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