Question: Please answer all the requirements The contribution margin income statement of Unique Coffee for July follows: (Click the icon to view the contribution margin income

Please answer all the requirements The contribution margin income statement of UniquePlease answer all the requirements

The contribution margin income statement of Unique Coffee for July follows: (Click the icon to view the contribution margin income statement.) Unique Coffee sells three small coffees for every large coffee. A small coffee seils for $2.00, with a variable expense of $1.00. A large coffee sells for $4.00, with a variable expense of $2.00. Read the requirements Data Table small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of ons used: avg. = Average: CM = Contribution margin.) 0 Requirements M per unit Breakeven sales in units verage contribution margin per unit to the nearest cent.) 95,000 Unique Coffee Contribution Margin Income Statement Month Ended July 31 Sales revenue $ Less variable expenses: Cost of goods sold $ 36,500 Marketing expense 8,000 General and administrative expense 3,000 Contribution margin $ Less fixed expenses: Marketing expense $ 18,000 General and administrative expense 4,500 Operating income $ 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffous and large coffees. Prove your answer by preparing a summary contribution margin Income statement at the breakeven level of sales. Show only two categories of expenses: variable and fixed. 2. Compute the coffee shop's margin of safety in dollars. 3. Use the coffee shop's operating leverage factor (using the July contribution margin income statement) to determine its new operating income if sales volume increases 15%. Prove your results using the contribution margin income statement format. Assume that sales mix remains unchanged. 47,500 47,500 Print Done 22,500 25,000 Clear All Check

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