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Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $20.0 per hour for each

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Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $20.0 per hour for each type of service, but lawn maintenance has higher variable costs ($12.0 per hour) than garden maintenance ($6.0 per hour) because of fuel expenses incurred to operate lawn-mowing equipment. All employees are paid a fixed monthly salary. A contribution format income statement for a recent month for the two services appears below. During the month, 8,000 hours of lawn maintenanc Services and 2,000 hours of garden maintenance were provided: Sales Variable expenses Lawn Per Garden Per Maintenance Hour Maintenance Hour $ 160,000 $20.0 $ 40,0 $20.e 96,eee 12. 0 1 2,000 6.2 Total $2ee, ee 108,080 Contribution margin $ 64,800 $ 8.0 $ 28,000 $14.6 92,60e Fixed expenses 51, 52e Operating income $ 40,488 Required: 1. Compute the overall CM ratio for the company. Overall contribution margin ratio 2. Compute the overall break-even point for the company in sales de Overall break-even pont Prev 1 of 1 ! Score answer > search 9 3. Compute the weighted average CM per hour for the company. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Care GAR Antenance Weighted average CM per hour 4. Calculate the overall break-even point for the company in hours Total break-even point in hours hours 5. At the overall break-even point in total hours, how many hours of each service must be provided for the company to break-even? Lawn Care Garden Maintenance Number of hours Prev 1 of 1 ili Score answer > Bae 6. Calculate the overall sales in dollars required to earn an after-tax profit of $53,760 if the tax rate is 30% Sales required to achieve after-tax target profit Prev 1 of 1 Score answer > e to search F10 79 F6 FUL

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