5.3.6 Question Hel Sportsbags Inc. makes and sells hockey bags for students. Financial projections for this line of products are revenue of 5910,000, total variable costs of $230,340, and feed costs of $544,000 Answer each of the following independent questions (a) How much is the contribution margin and the contribution rate? (b) How much of this product line does the business need to solto break even? (c) the business was to save $10.000 in variable costs by offering fewer colours of hockey bags, how much of this product line does the business need to sell to break even? (d) If a specialized logo was printed on the hockey bags, the variable costs would increase by 4%, and the feed costs would increase by $13,000 the price of the hockey bags was the increased by 9%, what would be the resulting net income