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Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.60 each. Its variable cost is $13.80 per house, and its fixed costs
Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.60 each. Its variable cost is $13.80 per house, and its fixed costs total $14,582.40 per year. Hawk currently has the capacity to produce up to 2,000 birdhouses per year, so its relevant range is 0 to 2,000 houses.
Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.60 each. Its variable cost is $13.80 per house, and its fixed costs total $14,582.40 per year. Hawk currently has the capacity to produce up to 2,000 birdhouses per year, so its relevant range is 0 to 2,000 houses Required 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 birdhouses this year. (Enter your answers rounded to 2 decimal places.) HAWK HOMES, INC Contribution Margin Income Statement Contribution Margin Incorme from Operations 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answers rounded to 2 decimal places.) Total Contribution Margin 3. Calculate Hawks contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places. (Le. .1234 should be entered as 12.34%.))Step by Step Solution
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