$ 80.00 29.50 25.50 $ 55.00 Sales price Per unit variable expenses Purchase cost Sales commissions Total per unit variable costs Total annual fixed expenses Advertising Rent Salaries Total fixed expenses $ 237,500 218,000 343,750 $799, 250 Required: 1. Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. 2. If Bubba's sells 33,000 hats, what is its before-tax income or loss? Support your answer by preparing a contribution income statement 3. If Bubba's sells 46,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? 4. Bubba is considering the elimination of sales commissions completely and increasing salaries by $286,500 annually. What would be the new breakeven point in units? What would be the before-tax income or loss if 33,000 hats are sold with the new salary plan? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. (Do not round intermediate calculations.) Breakeven Point In units In sales dollars Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Bubba's sells 33,000 hats, what is its before-tax income or loss? Support your answer by statement. Before-tax income or loss Contribution Income Statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Bubba's sells 46,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? (Round decimal place.) Margin of safety (MOS) in dollars MOS ratio % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Bubba is considering the elimination of sales commissions completely and increasing salaries by $286,500 annually. What would be the new breakeven point in units? What would be the before-tax income or loss if 33,000 hats are sold with the new salary plan? (Do not round intermediate calculations.) New breakeven point in units Before-tax income or loss