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ign Simply Sweets has provided the following relating to the most recent month (August 31, 2021) of operations, for their main product, cookies. The company

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ign Simply Sweets has provided the following relating to the most recent month (August 31, 2021) of operations, for their main product, cookies. The company sold 20,000 cookies, Total Sales Cost of Goods Sold Fixed Selling Costs Fixed Administrative Costs Variable Selling Costs Variable Administrative Costs 40,000 16,000 2,000 5,000 10% of sales 5% of sales REQUIRED 1. Prepare a contribution margin income statement in good format. Include per unit and percentage columns where applicable. 2- Calculate the company's breakeven point in units. 3- Calculate the company's breakeven point in sales dollars. Round to nearest whole number. 4- Calculate the company's margin of safety percentage. Round to nearest whole number, 5- Calculate the company's degree of operating leverage. Round to two decimal places. If the company's sales are expected to increase by 10%, by what percentage will operating income change? Foo

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