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2) Moochie's Seaweed Snacks (Moochie) Company has the following Income Statement: Year Ended Dec 2017 Q1 Q2 Q3 Q4 Total Units Sold 45,670 65,430 76,540

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2) Moochie's Seaweed Snacks (Moochie) Company has the following Income Statement: Year Ended Dec 2017 Q1 Q2 Q3 Q4 Total Units Sold 45,670 65,430 76,540 56,780 244,420 Revenue 639,380 916,020 1,071,560 794,920 3,421,880 Expenses: Seaweed 228,350 327,150 382,700 283,900 1,222,100 Packaging 45,670 65,430 76,540 56,780 244,420 Transportation 95,670 115,430 126,540 106,780 444,420 Equipment Depreciation 25,000 25,000 25,000 25,000 100,000 Selling Expenses 166,340 205,860 228,080 188,560 788,840 Administration Expenses 125,000 125,000 125,000 125,000 500,000 Total Expenses 686,030 863,870 963, 860 786,020 3,299,780 Operating Income (46,650) 52,150 107,700 8,900 122,100 Required: Worth 6 marks: a. Prepare Moochie's 2017 Full Year Income Statement in the Contribution Margin format. You must show details for variable and fixed costs. b. What is the number of units Moochie needs to sell each Quarter (Q) to breakeven? c. If Moochie required to have at least $75,000 of Operating Income each Quarter, how many units does it need to sell

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