Homework: Chapter 3 Score: 0 of 1 pt 10 of 10 (0 complete) Exercise 3-20 (book/static) Mirabel Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly investor in the business. Help Laval understand Mirabel's cost structure. EE! (Click the icon to view the operating income statement.) Required 1. Recast the statement of operating income in a contribution format. 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June. 3. What is the margin of safety (in units) for June? 4. If sales in June were only 8,000 units and Mirabel's tax rate is 30%, calculate Mirabel's net income. Requirement 1. Recast the statement of operating income in a contribution format. Mirabel Cosmetics Operating Income Statement, June 10,000 Units sold AM Save 10 of 10 (0 complete) HW Score: 0%, 0 of 10 pts Question Help , family-run stores in the greater Montreal area. It presents the monthly operating income statement shown here to Franois Laval, a potential ructure mat. oint in units and revenues for June. 30%, calculate Mirabel's net income. ontribution format. 10,000 Mirabel Cosmetics manufactures and sells a face cream to small, family-run stores in the Click the icon to view the operating income statement.) Required 1. Recast the statement of operating income in a contribution format. 2. Calculate the contribution margin percentage and breakeven point in units and revenues 3. What is the margin of safety (in units) for June? 4. If sales in June were only 8,000 units and Mirabel's tax rate is 30%, calculate Mirabel's n- Requirement 1. Recast the statement of operating income in a contribution format Mirabel Cosmetics Operating Income Statement, June Units sold 10,000 Choose from any list or enter any number in the input fields and then click Check Answer 9 parts remaining e ve om 3¢erwin=yes 10 of 10 (0 complete) ntreal area. It presents the monthly operating income statement shown here to Franois L Data Table - Mirabel Cosmetics Operating Income Statement For the Month of June Units sold 10,000 Revenue S 100,000 Cost of goods sold Variable manufacturing costs s 55.000 20,000 Fixed manufacturing costs Total 75,000 Gross margin 25,000 S Operating costs Variable marketing costs Fixed marketing and administrative costs Total operating costs 5.000 10,000 15.000 $ 10,000 Operating income Print Done Done Clear All