Please give me step by step solutions!!

Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runnersWarm and Cozy. Current revenue, cost, and unit sales data for the two products appear below:

	Warm			Cozy
Selling price per pair	$	8.00		$	12.00
Variable expenses per pair	$	2.00		$	6.00
Number of pairs sold monthly		600	units		200	units

Fixed expenses are $2,250 per month.

Required:

1. Assuming the sales mix above, do the following:

a. Prepare a contribution format income statement showing both dollars and percentage columns for each product and for the company as a whole. (Round percentage answers to 2 decimal places.)

a. Prepare a contribution format income statement showing both dollars and percentage columns for each produ company as a whole. (Round percentage answers to 2 decimal places.) WARM HANDS Contribution Income Statement Warm Cozy Total % % % Sales Contribution margin $ 0 0.00 $ 0 0.00 0 0.00 Fixed expenses Operating income $ 0 b. Compute the break-even point in sales dollars for the company as a whole and the margin of safety in both dollars and percentage of sales. (Do not round your intermediate calculations. Round percentage answer to 1 decimal place.) Break-even sales dollars Margin of safety in dollars Margin of safety in percentage % c. Compute the break-even point in units for the company as a whole and the margin of safety in both units (pairs of gloves) and percentage of sales. (Round percentage answer to 1 decimal place.) Break-even units Margin of safety in units Margin of safety in percentage %