answer A to E

Sophie Corporation Income Statement For the Year Ended December 31, 2019 Sales (580 units) $31,900 Cost of Goods Sold Labor $7,975 Material $9,570 Fixed Overhead $1,595 $19,140 Gross Profit $12,760 Administrative Expense Fixed |$4,785 $3,190 $7,975 Variable Operating Income $4,785 Englis a) Calculate the Contribution Margin and Operating income for the year. Contribution Margin: $ Operating Income: $ b) Calculate the contribution margin ratio. Contribution Margin Ratio c) Calculate the break-even sales and break-even units. Break-even units: Break-even sales: $ d) Suppose the company would like to generate an operating profit of $5,000. Determine the revenue that is needed to obtain this target, and calculate the number of units that need to be produced to meet this goal. Target units Target sales: e) Given the company's current yearly sales amount is $31,900, what is the margin of safety in dollars and in units? Margin of Safety units): Margin of Safety (Dollar): $