4 BREAK-EVEN POINT WE PACE 155 Matthew Hewitt is the owner of Exclusive Gaming Tables. He rents a workshop at a cost of $450 per week. The timber for each table costs $45 and stain costs him $15 per table Hewitt is thinking of selling the gaming tables for $150 each. a What are Hewitt's total fixed costs per week? b What are the total variable costs per gaming table? Calculate the contribution margin per table. d How many gaming tables does Hewitt have to sell in a week to break even? e How many gaming tables would Hewitt have to sell in a week to earn a profit of $1000? Prepare income statements to prove your answers to parts d and e