Name / ID#: For questions h) through I), use the below information and data table: Jon's Car Dealership sells two types of Trucks. For purposes of a cost-volume-profit analysis, Jon has divided sales into two categories, as follows: Product Type The 250 The 150 Sales Price $75,000 $25,000 Invoice Cost $50,500 $12,500 Sales Commission $750 $250 Forty percent of Jon's sales are 250 trucks. The annual fixed expenses of the dealership are $7,500,000. (In the following requirements, ignore income taxes.) h) Compute the unit contribution margin and contribution margin ratio for each product type (Points 2.5). The 250=50,500 +750=51,250 k) What is the shop's break-even sales volume in the number of trucks and sales revenue? Assume a constant sales mix (Points 2.5). dent D) How many trucks of each type must be sold to earn a target net income of $4,500,000? Assume a constant sales mix (Points 2.5). m) Duke Corporation uses least-squares regression to analyze a variety of operating costs. A staff assistant determined that monthly machine hours (MH) have a strong cause-and- effect relationship with total maintenance costs, and generated the following statistics: - Intercept: $170,000 -b coefficient: $3.80 - Total machine hours for the year: 36,500