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2. 21 points Hickory Farms is selling gift boxes of their meat, cheese and crackers. They are targeting holiday gift- givers. The selling price of

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2. 21 points Hickory Farms is selling gift boxes of their meat, cheese and crackers. They are targeting holiday gift- givers. The selling price of each gift box is $18 and the variable cost to Hickory Farms is $7.20 per gift box. Their fixed costs are $16,200. Answer each of the following questions related to Hickory Farms. Show all calculations. e. What is the breakeven point in sales dollars (3 points)? f. Develop a contribution margin income statement assuming they will sell 3,800 gift boxes (5 points). g. How many gift boxes would they have to sell if they desired an operating income of $45,900 (3 points)

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