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4 Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.80 each. Its variable cost is $14.80 per house, and its fixed
4 Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.80 each. Its variable cost is $14.80 per house, and its fixed costs total $13,840.00 per year. Hawk currently has the capacity to produce up to 2,400 birdhouses per year, so its relevant range is 0 to 2,400 houses. 2 points Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $29,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. eBook Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. (Enter your answers rounded to 2 decimal places.) HAWK HOMES, INC. Contribution Margin Income Statement Contribution Margin Mc Graw Hill Education 4 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 2 points Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. (Enter your answers rounded to 2 decimal places.) eBook HAWK HOMES, INC. Contribution Margin Income Statement Print References Contribution Margin Income from Operations Mc Graw Hill Education 4 relevant range is O to 2,400 houses. 2 points Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $29,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answer rounded to 2 decimal places.) Total Contribution Margin Required 1 Required 3 MC Graw Hill Education 4 relevant range is 0 to 2,400 houses. 2 points Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $29,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Hawk's contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio % 4 relevant range is 0 to 2,400 houses. 2 points Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point number of units and in sales revenue. 5. Suppose Hawk wants to earn $29,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Hawk's break-even point in number of units and in sales revenue. (Round your "Sales Revenue" answer to 2 decimal places and "Unit" answer to the nearest whole number.) Units Break-Even Units Break-Even Sales Revenue 4 relevant range is 0 to 2,400 houses. 2 points Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,290 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $29,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Hawk wants to earn $29,000 this year. Determine how many birdhouses profit. (Round your answer to the nearest whole number.) must sell to generate this amount of Target Unit Sales Units Mc Graw Hill Education
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