Hunter Johnson is evaluating a business opportunity to sel premium car wax at vintage car shows. The wax is sold in 64 -ounce tubs. Hurter can buy the premium wax at a wholesde cost of $33 pet tub. He plans to sell the premium wax for $73 per tub. Ho estimates foed costs suct as travel costs, booth rental cost, and lodging to be $720 per car show. Read the teguirements- Requirement 1. Determine the number of tubs Huntar must sell per shew to break even. Begin by identitying the formula to compute the sales in units at various ievels of eperating income using the contibution margin approach. Requirements 1. Deternine the number of tubs Hunter must sell per show to break eyen. 2. Assume Hunter wants to eam a profit of $1,080 per show. a. Determine the sales volume in units necessary to eam the desired profit. b. Determine the sales volume in dollars necessary to earn the desired profit. c. Using the contribution margin format, prepare an income stafement (condensed version) to confirm your answers to parts a and b. 3. Determine the margin of safety between the saies volume at the breakeven point and the sales volume required to earn the desired profit. Determine the margin of safety in both sales dollars, units, and as a percentage