Coffee sells three small coffees for every large coffee. a small coffee sells for $2.00, with a variable expenses of $1.00. a large coffee sells for $4.00, with a variable expense of $2.00

i Data Table Bountiful Bean Coffee Contribution Margin Income Statement Month Ended October 31 Sales revenue S 100,000 Less variable expenses Cost of goods sold Marketing expense General and administrative expense $ 29,000 16,000 5,000 50,000 Contribution margin Less fixed expenses: $ 50,000 $ 20,000 5,000 Marketing expense General and administrative expense 25,000 $ 25,000 Operating income Print Done 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of expenses: variable and fixed. 2. Compute the coffee shop's margin of safety in dollars 3. Use the coffee shop's operating leverage factor (using the October contribution margin income statement) to determine its new operating income if sales volume increases 15%. Prove your results using the contribution margin income statement format. Assume that sales mix remains unchanged. y breakeven point in the numbers of small coffees and large coffees Prove your answer by pr Requirement 1. Determ categories of expenses: variable and fixed. Begin by identifying the formula to int in units. (Abbreviations used avg - Average; CM Contribution margin) Breakeven sales in units Now calculate the weighted average contribution margin per unit (Round the weighted-average contribution margin per unit to the nearest cent) the weighted Small Total Weighted-average contribution margin per unit The contribution margin income statement of Bountiful Bean Coffee for October follows EEB (Click the icon to view the contribution margin income statement) Bountiful Bean Coffee sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable exper Weighted-average contribution margin per unit small cups and large cups of coffee Small Large Total Read the requirements kequirement z. compure tne comee snop's margin or sarery in colars Identify the formula to compute the margin of safety in dollars. Margin of safety in dollars The margin of safety in dollars is s Requirement 3. Use the coffee shop's operating leverage factor (using the October contribution margin income state statement format. Assume that sales mix remains unchanged. Identify the formula to compute the operating leverage factor. Operating leverage factor (Round your answer to two decimal places.) Bountiful Bean Coffee's operating leverage factor is If Bountiful Bean Coffee can increase sales revenue by 15%, keeping the sales mix the same, operating income will be $ your answer above. (For amounts with a s0 balance, make sure to enter "0 in the Change in fixed expenses Operating income before sales increase