Cosmic sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $7.00, with total variable cost of $2.80 per dozen Read the reguirements Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amounts to the nearest cent.) Plain Filled Total Sales price per unit 4 7 1.60 Variable cost per unit Contribution margin per unit Sales mix in units Contribution margin Weighted-average contribution margin per unit Requirement 2. Determine Cosmic's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales Show only two categories of costs: variable and fixed We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of products-total dozens of donuts to be sold. (Complete all answer boxes Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg CM = weighted-average contribution margin.) Required sales in units = Cosmic Donuts Contribution Margin Income Statement Month Ended August 31, 2016 )I Determine Cosmic's monthly breakeven point in dozens of plain donuts and custard-filled donuts The breakeven point is dozen plain donuts and dozen custard-filled donuts Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. (Enter afor any zero balances)Variable Costs Sales Revenue 127,000 Contribution Margin Income Statement Cost of Goods Sold Selling Costs Administrative Costs $ 32,700 17,500 600 Plain Filled Total 50,800 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Requirement 3. Compute Cosmic's margin of safety in dollars for August 2016 Contribution Margin 76,200 Fixed Costs 31,050 10,350 Selling Costs 41,400 Administrative Costs $ 34,800 Operating Income -Margin of safety in dollars Requirement 4. Compute the degree of operating leverage or Cosmic Donuts. Estimate the new operating income l total sales increase by 20%. Round the degree of operating leverage to our decimal places and he final answer to the nearest dollar. Assume the sales mix remains unchanged.) Begin by computing the degree of operating leverage for Cosmic Donuts. (Round the degree of operating leverage to four decimal places, X.XxXxX.) Degree of operating leverage = Estimate the new operating income if total sales increase by 20%. Round interim calculations to four decimal places and your final answer to the nearest dollar. Assume the sales mix remains unchanged. The estimated operating income will be$ Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 20% increase in total sales. The sales mix remains unchanged. Cosmic Donuts Contribution Margin Income Statement Sales Revenue Variable Costs Contribution Margin Fixed Costs