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Hawk Homes, Incorporated makes one type of birdhouse that it selis for $3180 each, its variable cost is $14.90 per. house, and its fixed costs
Hawk Homes, Incorporated makes one type of birdhouse that it selis for $3180 each, its variable cost is $14.90 per. house, and its fixed costs total $14.584.70 per year. Hawk curtently has the capacity to produce up to 2.900 birdhouses per year, so its relevant range is 0 to 2,900 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $22,000 this year. Determine how many birchouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. Note: Do not round your intermediate calculations. Enter your answers rounded to 2 decimal places. Without any calculations, determine Kawk's total contribution margin if the company breaks even. Notet Do not round your intermediate calculations. Enter your answer rounded to 2 decimal places. Complete this question by entering your answers in the tabs below. Calculate Hawk's contribution margin per unit and ts centroutson margin ratio. Notei Do not round your intermediate calculationt. Aound your ansmers to 2 decimal places. (Percentage answeig i. e o. should be entered as 12.34%%.. Complete this question by entering your answers in the tabs below. Calculate Hawk's break-even point in number of units and in saies revenue. Note) Do not round your intermediate calculations. Round your "5ales Revenue" answer to 2 decimal places and "Unit" an to the neareit whole number. Guppose Hawk wants to earn $22,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Note: Do not round your intermediate calculations. Round your answer to the neorent whole number
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