Hawk Homes, Incorporated makes one type of birdhouse that it sells for $$31\mathrm{.}80$ each. Its variable cost is $$15\mathrm{.}00$ per house, and its fixed costs total $$14,599\mathrm{.}20$ per year. Hawk currently has the capacity to produce up to $3,000$ birdhouses per year, so its relevant range is $0$ to $3,000$ houses.

Required:

Prepare a contribution margin income statement for Hawk assuming it sells $1,240$ birdhouses this year.

Without any calculations, determine Hawk's total contribution margin if the company breaks even.

Calculate Hawk's contribution margin per unit and its contribution margin ratio.

Calculate Hawk's break$-$even point in number of units and in sales revenue.

Suppose Hawk wants to earn $$24,000$ this year. Determine how many birdhouses it must sell to generate this amount of profit.

Complete this question by entering your answers in the tabs below.

Required $3$

Required $4$

Required $5$

Prepare a contribution margin income statement for Hawk assuming it sells $1,240$ birdhouses this year.

Note: Do not round your intermediate calculations. Enter your answers rounded to $2$ decimal places.

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