1. CVP Analysis; Break-even point, margin of safety: Zintendo, Inc., produces and sells a single product, the Zintendo Stitch gaming console, whose selling price is $400.00 per gaming console and whose variable costs are $224.00 per gaming console. The company's fixed costs are $5,935,750 per year. The current sales volume for the year ended 12/31/2020 is 36,300 gaming consoles.

1. Prepare a contribution margin income statement for the year ended 12/31/2020 at the current sales volume (see e-text exhibit 5.13 for example). Make sure to include a proper heading.
2. Determine the break-even point for the year:

1. In units (round your answer up to the nearest whole unit)
2. In sales dollars

3. What is the companys margin of safety for the year:
   1. In units
   2. In sales dollars
4. Assume the company's target profit for the year is $750,000.
   1. Determine the unit sales needed to attain this target profit. Round your answer up to the nearest whole unit.
   2. Determine the dollar sales needed to attain this target profit. Round your answer up to the nearest whole unit.