Gary Juda is evaluasing a business opportunity to sell premium car wax at vintage car shows. The wax is sold in 64 ounce tubs. Gary can buy the penenlum wax at a wholesale cost of 530 per tub. He plans to soll the premium wax for $80 pot tub. He estimates fixed costs sich as travil costs, booth rental coct, and lodging to be $900 per car show Requirement 1. Determine the number of tubs Gary must sell per show to break evon. Begin by identifying the formula to compute the saies in units at vatious levels of operating income using the contribution margin approach. Gary must sel tues per show to breakeven. Requirement 2a. Determine the sales volume in units necessary to eam the desiced proft assuming Cary warts to eam a prott of $1,100 per show. Gary must se1 tubs per show to eam a profit of $1,100 per show. b. Determine the saies wolume in dolars necessary to earn the desired proft assuming Gary wants to eaen a proft of 1,100 per show. Requirement 3. Determine the margin of salety between the sales volume at the breakeven point and the sales volume required to eam the desired prott. Determine the margin of safety in both sales dollars, units, and as a percentage. Begin by identifying the formula to compute the margin of safety in dollars. - Margin of salnty in dollars The margin of safoty in doliars is Now identify the formula to compute the margin of safety in units The margin of salety in units is units. Now identify the formula to cocnoute the margin of safety as a petcentage. Margin of satety as a The margin of todety as a seroentage of target saies is