Hawk Homes, Incorporated makes one type of birdhouse that it sells for $$30\mathrm{.}90$ each. Its variable cost is $$14\mathrm{.}80$ per house, and its

fixed costs total $$14,071\mathrm{.}40$ per year. Hawk currently has the capacity to produce up to $2,400$ birdhouses per year, so its relevant range

is $0$ to $2,400$ houses.

Required:

Prepare a contribution margin income statement for Hawk assuming it sells $1,290$ 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 $$28,000$ 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 $1$

Required $2$

Prepare a contribution margin income statement for Hawk assuming it sells $1,290$ birdhouses this year.

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

HAWK HOMES, INCORPORATED

Contribution Margin Income Statement