Computer Accessories Pro Forma Contribution Margin For the year ending December 31, 2019 Second First Quarter Quarter $352,000 $286,000 Fourth Third Quarter Quarter $319,000 $440,000 Annual Total $1,397,000 Sales Revenue Less Variable Costs: Cost of Goods sold Selling and Administrative expenses Total Variable costs $249,600 $19,200 $268,800 $202,800 $15,600 $218,400 $226,200 $17,400 $243,600 $24,000 $336,000 $990,600 $76,200 $1,066,800 Contribution margin $83,200 $67,600 $75,400 $104,000 $330,200 Less Fixed Costs: Manufacturing Overhead Selling and Administrative Expenses Total Fixed Costs Net Income $40,000 $25,000 $65,000 $18,200 $40,000 $25,000 $65,000 $2,600 $40,000 $25,000 $65,000 $10,400 $40,000 $25,000 $65,000 $39,000 $40,000 $25,000 $65,000 $265,200 Compute the annual contribution margin, the breakeven in dollars for the year, and the margin of safety in dollars for the year. Comment on your results. 24% Contribution margin ratio Breakeven in Dollars $0.20 Margin of Safety in Sales Dollars Comment on your results