Hawk Homes, Inc., makes one type of birdhouse that it sells for $31.60 each. Its variable cost is $15.00 per house, and its fixed costs total $14,276.00 per year. Hawk currently has the capacity to produce up to 2,300 birdhouses per year, so its relevant range is 0 to 2,300 houses.

Required:
1.	Prepare a contribution margin income statement for Hawk assuming it sells 1,130 birdhouses this year.(Enter your answers rounded to 2 decimal places.)

2.	Without any calculations, determine Hawks total contribution margin if the company breaks even. (Enter your answers rounded to 2 decimal places.)

3.	Calculate Hawks contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places.)

4.	Calculate Hawks break-even point in number of units and in sales revenue. (Round your "Sales Revenue" answer to 2 decimal places and "Unit" answer to the nearest whole number.)

5.	Suppose Hawk wants to earn $26,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. (Round up to the next whole number.)

Hawk Homes, Inc., makes one type of birdhouse that it sells for $31.60 each. Its variable cost is $15.00 per house, and its fixed costs total $14,276.00 per year. Hawk currently has the capacity to produce up to 2,300 birdhouses per year, so its relevant range is 0 to 2,300 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming itsells 1,130 birdhouses this year (Enter your answers rounded to 2 decimal places.) Answer is complete and correct HAWK HOMES, INC Contribution Margin Income Statement 35,708.00 Sales Revenue (16,950.00) Variable Costs 18,758.00 Contribution Margin (14,276.00) Fixed Costs Income from Operations 4,482.00 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answers rounded to 2 decimal places.) Answer is complete and correct Total Contribution Margin 14,276.00