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Homework Assignments (Exerc X Do Homework - Rawa Jakkou X Course Hero X + C mathxl.com/Student/PlayerHomework.aspx?homeworkld=580667840&questionld=1&flushed=false&cld=6253128¢erwin=yes Apps YouTube . Maps = News M Gmail zoon.us C My Devices | Che... Settings - Security Acct 1090 - Prof. Edwards - Late Start Fall 2020 Rawa Jakkou | 10/29/20 9:21 PM Homework: Week Five: Homework Mastery Problem Chapter 4 (man Save Score: 0 of 8 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 8 pts PM4-58A (similar to) Question Help The contribution margin income statement of Cosmic Donuts for August 2024 follows: Cosmic sells two dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total (Click the icon to view the contribution margin income statement. variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $8.00, with total variable cost of $3.20 per dozen. Read the requirements. Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amounts to the nearest cent.) Data Table Plain Filled Total Cosmic Donuts Contribution Margin Income Statement i Month Ended August 31, 2024 Requirements - X Net Sales Revenue $ 128,000 Contribution margin Variable Costs: Weighted-average contribution margin per unit 1. Calculate the weighted-average contribution margin. Cost of Goods Sold $ 32,500 2. Determine Cosmic's monthly breakeven point in dozens of plain donuts and Selling Costs 17,300 custard-filled donuts. Prove your answer by preparing a summary contribution 1,400 51,200 margin income statement at the breakeven level of sales. Show only two Administrative Costs categories of costs: variable and fixed. Contribution Margin 76,800 3. Compute Cosmic's margin of safety in dollars for August 2024. 4. Compute the degree of operating leverage for Cosmic Donuts. Estimate the Fixed Costs: new operating income if total sales increase by 30%. (Round the degree of Selling Costs 21,600 operating leverage to four decimal places and the final answer to the nearest Administrative Costs 7,200 28,800 dollar. Assume the sales mix remains unchanged.) 5. Prove your answer to Requirement 4 by preparing a contribution margin Operating Income 48,000 income statement with a 30% increase in total sales. (The sales mix remains Choose from any list or enter any number in the input fields and then click Check A unchanged.) Print Done parts remaining Print Done