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PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Target Profit [LO 6-1, 6-2 Hawk Homes, Inc., makes one type of birdhouse that it sells for $29.90 each. Its variable cost is $14.30 per house, and its fixed costs total $13,509.60 per year. Hawk currently has the capacity to produce up to 2.700 birdhouses per year, so its relevant range is Oto 2.700 houses Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1.240 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 $30,000 this year. Determine how many birdhouses it must sell to generate this amount of profit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a contribution margin income statement for Hawk assuming it sells 1,240 birdhouses this year. (Enter your answers rounded to 2 decimal places.) HAWK HOMES, INC. Contribution Margin Income Statement COMP P6-3 D. buppose wants to earn > Unisyen. Determine now many pronouses it must to get out of prot 1 Complete this question by entering your answers in the tabs below. Required 1 Required Required Rected 4 8 points Prepare a contribution margin income statement for Hawk assoming at sells 1,2M0 bidhoes this year Center rounded to 2 decimal places) efore HAWK HOMES, INC Contribution Margin income Statement PA Contribution Mag Income from Operations Required 2 )