Diva Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly operating income statement shown here to Franois , a potential investor in the business. Help understand 's cost structure.

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Required

1. Recast the statement of operating income in a contribution format.

2. Calculate the contribution margin percentage and breakeven point in units and revenues for June.

3. What is the margin of safety (in units) for June?

4. If sales in June were only units and 's tax rate is %, calculate 's net income.

Diva Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly operating income statement shown here to Franois Lupe, a potential investor in the business. Help Lupe understand Diva's cost structure (Click the icon to view the operating income statement) Required 1. Recast the statement of operating income in a contribution format. 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 3. What is the margin of safety (in units) for June? 4. If sales in June were only 8,000 units and Diva's tax rate is 30%, calculate Diva's net income Requirement 1. Recast the statement of operating income in a contribution format. Diva Cosmetics Operating Income Statement, June 10,000 Units sold A Requirement 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 00 ini Begin by selecting the formula to calculate the contribution margin percentage. Then, enter the amounts in the formula to calculate the percent (Round your answer to the nearest whole percent) nt ) x 100 Contribution margin percentage ) x 100 = Determine the formula for the breakeven point in units Next, enter the amounts to calculate the breakeven point (Round the rate to two decimal places Round your final answer up to the nearest whole number) ES Breakeven point in units units EL Determine the formula to calculate the breakeven point in revenues. Then, enter the amounts in the formula (Enter the percent as a whole number Round your answer up to the next whole dollar) Breakeven noint in revenues Diva Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly operating income statement shown here to Franois Lupe, a potential investor in the business. Help Lupe understand Diva's cost structure. (Click the icon to view the operating income statement) Required 1. Recast the statement of operating income in a contribution format. 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 3. What is the margin of safety (in units) for June? 4. If sales in June were only 8,000 units and Diva's tax rate is 30%, calculate Diva's net income Determine the formula to calculate the breakeven point in revenues. Then, enter the amounts in the formula. (Enter the percent as a whole number. Round your answer up to the next whole dollar) Breakeven point in revenues %= Requirement 3. What is the margin of safety (in units) for June? Determine the formula to calculate the margin of safety in units. Then, enter the amounts in the formula and calculate the margin of safety for June Margin of safety units Requirement 4. If sales in June were only 8,000 units and Diva's tax rate is 30%, calculate Diva's not income Complete the table below to calculate Diva's net income if sales were only 8,000 units and Diva's tax rate is 30% (Round your answers to the nearest whole number. Use parentheses or a minus sign to enter amounts to be subtracted) Diva Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly operating income statement shown here to Franois Lupe, a potential investor in the business Help Lupe understand Diva's cost structure (Click the icon to view the operating income statement) Required 1. Recast the statement of operating income in a contribution format. 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 3. What is the margin of safety (in units) for June? 4. If sales in June were only 8,000 units and Diva's tax rate is 30%, calculate Diva's net income Determine the formula to calculate the margin of safety in units. Then, enter the amounts in the formula and calculate the margin of safety for June Margin of safety units Requirement 4. If sales in June were only 8,000 units and Diva's tax rate is 30%, calculate Diva's net income. Complete the table below to calculate Diva's net income if sales were only 8,000 units and Diva's tax rate is 30% (Round your answers to the nearest whole number. Use parentheses or a minus sign to enter amounts to be subtracted) Data table Units sold Revenue Cost of goods sold Diva Cosmetics Operating Income Statement For the Month of June $ Variable manufacturing costs Fixed manufacturing costs Total Gross margin Operating costs Variable marketing costs Fixed marketing and administrative costs Total operating costs Operating income Print Done 50,000 25,000 16,000 14,000 10,000 $ 120,000 75,000 45,000 30,000 15,000 $