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Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $18 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 $18 per hour for each type of service, but lawn maintenance has higher variable costs ($7 per hour) than garden maintenance ($4 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 maintenance services and 2,000 hours of garden maintenance were provided Per Garden Per Lawn 144,000 $18 57,600 Maintenance Hour Maintenance Hour Total Sales $18 $ 180,000 Variable expenses 7 7,200 4 64,800 28,800 Contribution margin $86,400 $11 $ $14 115,200 Fixed expenses 32,256 Operating income $82,944 Requirea 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 dollars verall break-even oint

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