Hawk Homes, Inc., makes one type of birdhouse that it sells for $30 each. Its variable cost is $15 per house, and its fixed costs total $13,840 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 1,100 birdhouses this year. HAWK HOMES, INC. Contribution Margin Income Statement Contribution Margin Income from Operations 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. Total Contribution Margin 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. Unit Contribution Margin Contribution Margin Ratio % 4. Calculate Hawk's break-even point in number of units and in sales revenue. (Round your "Unit" and "Sales Revenue" answers to the nearest whole number.) Break-Even Units Units Break-Even Sales Revenue 5. Suppose Hawk wants to earn $20,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Target Unit Sales Units eBook & Resources eBook: Use cost-volume-profit analysis to determine the sales needed to achieve a target profit. eBook: Use cost-volume-profit analysis to find the break-even point