Number of doors produced and sold 400 500 700 Total costs Variable costs $ 40, 000 Fixed costs per year 65, 000 Total costs 105, 000 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. 2. King Peak sells its doors for $200 each. Prepare a contribution margin income statement for each of the three production levels in the table. 4. Calculate King Peak's break-even point in number of units and in sales revenue. 5. Assume King Peak sold 600 doors last year. Without performing any calculations, determine whether it earned a profit last year. 6. Calculate the number of doors that King Peak must sell to earn a $10,000 profit. 7. Calculate King Peak's degree of operating leverage if it sells 700 doors. 8. Using the degree of operating leverage, calculate the change in King Peak's profit if sales are 20 percent more than expected. (Assume costs did not change.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8 King Peak sells its doors for $200 each. Prepare a contribution margin income statement for each of the three production levels in the table. Note: Loss amounts should be entered with a minus sign. Doors produced and sold 400 units 500 units 700 units Contribution Margin Income from Operations