The following data has been provided to the management accountant at Fruit Candy to conduct CVP analysis. Fruit Candy sell their strawberry candy, chocolate candy, and orange candy in packs of six (6). Forecasted sales yearly Expected sales mix (packs) Selling Price per pack Cost per pack Yearly rent of the shop Other fixed costs Strawberry candy pack 10,000 packs 25% $20/pack $6/pack Chocolate candy pack 20,000 packs 50% $10/pack $4/pack Orange candy pack 10,000 packs 25% $12/pack $6/pack Total 40,000 packs $20,000 $30,000 (1) Prepare a profit and loss statement and a contribution margin profit statement for the company. (ii) Compute the weighted average contribution margin ratio What is the sales volume required to achieve an after-tax profit of $150,000? The company's income tax rate is 25%