Question: WRITE OUT EACH ANSWER CIRCLE EACH ANSWER OR HIGHLIGHT IT MAKE SURE I CAN READ AND SEE ALL ANSWERS WRITE OUT EACH ANSWER 4 Skipped

 WRITE OUT EACH ANSWER CIRCLE EACH ANSWER OR HIGHLIGHT IT MAKE
SURE I CAN READ AND SEE ALL ANSWERS WRITE OUT EACH ANSWER
4 Skipped Hawk Homes, Inc., makes one type of birdhouse that it
sells for $29.90 each. Its variable cost is $14.70 per house, and WRITE OUT EACH ANSWER
CIRCLE EACH ANSWER OR HIGHLIGHT IT
MAKE SURE I CAN READ AND SEE ALL ANSWERS
WRITE OUT EACH ANSWER

4 Skipped Hawk Homes, Inc., makes one type of birdhouse that it sells for $29.90 each. Its variable cost is $14.70 per house, and its fixed costs total $13,087.20 per year. Hawk currently has the capacity to produce up to 2,500 birdhouses per year, so its relevant range is Oto 2,500 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,100 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) 740 Units 850 Units 1,986 Units $ 192.400 Bikes Produced and Sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 192.400 $ 0 $ 0 $ 0.00 $ 555.00 $ 0.00 Himal Required 2 > w Draw Navit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $640. (Round your contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) Show less 740 Units 850 Units 1,986 Units Total Contribution Margin Contribution Margin Ratio Drom 3 BE Newt Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. (Round your answers to the nearest whole dollar amount.) Show less 740 Units 850 Units 1,986 Units Net Operating Income (Required 2 NA

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