12 Tyrene Products manufactures recreational equipment. The operating results for the most recent year for one of its products, a skateboard, are presented below. Sales Variable expenses Contribution margin Fixed expenses Net operating income 01:59.15 $ 2,175,000 1, 305,000 870,000 696,000 $ 174,000 eBook Management is anxious to maintain and perhaps even improve its present level of income from the skateboards. Required: 1-a. The company's break-even point for the most recent year was 46,400 units. Compute the CM per skateboard. (Do not round intermediate calculations.) Contribution margin per skateboard 1-b. Compute the selling price and variable expenses per skateboard. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Activate Windos ic Lab 2. Cost-Volume-ProNL 12 1-b. Compute the selling price and variable expenses per skateboard. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Amount Selling price Variable expense per skateboard per skateboard 01:58:35 Book 1-c. Compute the number of skateboards sold in the most recent year. (Do not round intermediate calculations.) Number of skateboards 1-d. Compute the degree of operating leverage at the level of sales that you computed in Requirement (1c). Degree of operating leverage Activate Windows Go to PC settings to activa 6. Refer to the data in Requirement (5) above. a. If the new plant is built, how many skateboards will have to be sold next year to earn the same net operating income, $174,000, as last year? (Do not round intermediate calculations.) Number of skateboards b-1. Assume that the new plant is constructed and that next year the company manufactures and sells the same number of skateboards as sold in the most recent year. Prepare a contribution format income statement. (Do not round intermediate calculations.) Contribution Income Statement Activa ook b-2. Compute the degree of operating leverage. (Do not round intermediate calculations.) Degree of operating leverage