Erin Shelton, Inc., wants to earn a target profit of $810,000 this year. The company's fixed costs are expected to be $1,020,000 and its variable costs are expected to be 40 percent of sales. Erin Shelton, Inc., earned $710,000 in profit last year. Required: 1. Calculate break-even sales for Erin Shelton, Inc. 2. Prepare a contribution margin income statement on the basis break-even sales. 3. Calculate the required sales to meet the target profit of $810,000. 4. Prepare a contribution margin income statement based on sales required to earn a target profit of $810,000. 5. When the company earns $810,000 of net income, what is its margin of safety and margin of safety as a percentage of sales? Juniper Corp. makes three models of insulated thermos. Juniper has $300,000 in total revenue and total variable costs of $207,000. Its sales mix is given below: Thermos A Thermos B Thermos Percentage of total sales 30% 41 29 Required: 1. Calculate the overall) weighted average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $58,125. 3. Determine the total sales revenue needed to generate a profit of $70,990. 4. Determine the sales revenue from each product needed to generate a profit of $70,990