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. The contribution margin income statement of Top of the Crop Coffee for January follows: Click the icon to view the contribution margin income statement.) Top of the Crop Coffee sells three small coffees for every large coffee. A small coffee sels for $2.00, with a variable expense of $1.00. A large coffee sells for $4.00, with a variable expense of $2.00 Read the requirements Requirement 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of expenses: variable and fixed. Begin by identifying the formula to compute the total breakeven point in units. (Abbreviations used: avg. Average: CM. Contribution margin.) Fixed expenses Operating income Contribution margin ratio - Breakeven sales in units Now calculate the weighted average contribution margin per unit. (Round the weighted average contribution margin per unit to the nearest cont.) Small Large Total Sales price per unit 3 1.00 2.00 Variable expense per unit Contribution margin per unit 1 Variable expense per unit 4,00 Contribution margin Weighted average contribution margin per unit Less: 2 2.00 Choose from any list or enter any number in the input fields and then continue to the next question rge coffee The contribution margin income statement of Top of the Crop Coffoe for January follows: Click the icon to view the contribution margin income statement.) Top of the Crop Colfoo sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of $1.00. A large coffee solis for $4.00, with a variable expense of $2.00 Read the requirements. Weighted average contribution margin per unit The breakeven point is small cups and large cups of coffee Prepare a summary contribution margin income statement to prove your answer above. (Complete all answer boxes. For amounts with a $0 balance, make sure to enter in the appropriate coll) Small Large Total Sales revenue Less: Variable expenses Contribution margin Loss Fixed expenses Operating income Requirement 2. Compute the coffee shop's margin of safety in dollars Identify the formula to compute the margin of safety in dollars. Choose from any list or enter any number in the input fields and then continue to the next question for large coffee The contribution margin income statement of Top of the Crop Coffee for January follows: Click the icon to view the contribution margin income statement.) Top of the Crop Coffee sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of $1.00. A large coloo sells for $4.00, with a variable expense of $2.00 Read the requirements Requirement 2. Compute the coffee shop's margin of safety in dollars. Identify the formula to compute the margin of safety in dollars. Breakeven sales in dollars Sales Margin of safety in dollars The margin of safety in dollars is $ Requirement 3. Use the coffee shop's operating leverage factor (using the January contribution margin income statement) to determino ito now operating income il sales volume increases 14%. Prove your results using the contribution margin income statement format. Assume that salos mix remains unchanged. Identify the formula to computo the operating leverage fachor. Contribution margin Operating income Operating leverage factor (Round your answer to two decimal plnom.) Top of the Crop Coffee's operating leverage factor is Top of the Crop Coffee can increase sales revenue by 14%, keeping the sales mix the same, operating income Choose from any list or enter any number in the input fields and then continue to the next question, arge collec The contribution margin income statement of Top of the Crop Coffee for January follows: Click the icon to view the contribution margin income statement.) Top of the Crop Coffee sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of $1.00. A large coffee sells for $4.0 with a variable expense of $2.00. Read the requirements. wwwww | Top of the Crop Coffee can increase sales revenue by 14%, keeping the sales mix the same, operating income will be $ Sales revenue Prepare a summary contribution margin income statement to prove your answer above. (For amounts with a $0 balance, make sure to enter "o" in the appropriate com Top of the Crop Coffee Effect on Operating Income of 14% Increase in Sales Volume Current level Percent increase Dollar increase 14% Loss: Variable expenses 14% Contribution margin Change in foxed expenses Operating income before sales increase Operating income after sales increase coffee Choose from any list or enter any number in the input fields and then continue to the next question o X 1.00. A large coffee sells for $4.00, ure to enter in the appropriate coll.) The contribution margin income stater 333 (Click the icon to view the contribe Data Table Top of the Crop Coffee sells three sma with a variable expense of $2.00 Read the requirements Top of the Crop Coffee Contribution Margin Income Statement W Top of the Crop Coffee can increase Month Ended January 31 will be $ Sales revenue $ 100,000 Prepare a summary contribution marg Less variable expenses Cost of goods sold $ 38,000 Marketing expenso 7,000 Effect on Operating General and administrative expense 5,000 50,000 Contribution margin $ Sales revenue 50,000 Less fixed expenses: Loss: Variable expenses Marketing expense $ 20,000 Contribution margin 5,000 25,000 Change in foxed expenses General and administrative expense $ 25,000 Operating income before sales increas Operating income Operating income after sales increase Print Done Choose from any list or enter any nul ge coffee