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Break-Even in 5 ales Revenue, Variable-Costing Ratbo; Contrbution Margin Rebo, Margin of 5afety Nealon Company nuns a drwing range and golf shop. The budgeted income

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Break-Even in 5 ales Revenue, Variable-Costing Ratbo; Contrbution Margin Rebo, Margin of 5afety Nealon Company nuns a drwing range and golf shop. The budgeted income statement for the coming year is as followi. 1. What is Nealion's vanaplo cost rabo? Enter your answer as a decimal value rounded to two decimat places. What is thin contrivution margit ratio? Enter your answer as a decimal value rounded to two decimal places. (Expreis as a decimal-based amadit rather than a whole percent.) income statement. 3. Havi much sales revenuet myst Nenlon eain in order to break even? Mosind your answrer ta the nearest dollar. 2. Suppose Nealon's actual revenues are $190,000 greater than budgeted, By how much will before-tax profits increase? Calculate the answer withext prepaning a htin income statiment 3. How much saies revenue must Nealon eam in order to break even? Round your answer to the nearest dollar. What is the expected margin of safety? Round your answer to the nearest dollar. 4. How much sales revenue must Nealon generate to eorn a before-tax proft af $50,0009 Round your anuwer to the nearest dollar. Hew much salits revenue must Nealon generate to eam an after-tax profit of 435,0007 Round your anawer to the nearest dollar. Prepare a contribution margin income statement to verify the accuracy of your last answer. Round your answers to the nearest dollar

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