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PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Target Profit [LO 6-1, 6-2] Howk Homes, Inc, makes one type of birdhouse that it

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PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Target Profit [LO 6-1, 6-2] Howk Homes, Inc, makes one type of birdhouse that it selis for $29.20 each. its variable cost is $14.00 per house, and its fixed costs total $13,117,60 per year. Hawk curtently has the capacity to produce up to 2,400 birdhouses per year, so its relevant range is 0 to 2,400 houses Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 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 $24,000 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. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 birdhouses this year. (Enter your antwers rounded to 2 decimal places.) Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 birdhouses this yeat 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 $24,000 this year. Determine how many birdhouses it must sell to generate this amount of prof Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement for Hawk assuming it seils 1,190 birdhouses this yeae (Enter your answers rounded to 2 decimal places.) PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Profit [ LO 6-1, 6-2] Hawk Homes, Inc, makes one type of birdhouse that it sells for $29.20 each. Its variable cost is $14.00 per hou total $13,117.60 per year. Hawk currently has the capacity to produce up to 2,400 birchouses per year, so its rele 2,400 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 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 $24,000 this year. Determine how many birdhouses it must sell to generate thi: Complete this question by entering your answers in the tabs below. Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answ rounded to 2 decimal places.) Hawk Homes, Inc, makes one type of birdhouse that it sells for $29.20 each. Its variable cost is $14.00 per house, and its fixed total $13,117,60 per year. Hawk currently has the capacity to produce up to 2,400 birdhouses per year, so its relevant range is 0 2,400 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 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 $24,000 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. Calculate Hawk's contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places. (l.e. .1234 shouid be entered as 12.34%.)) Hawk Homes, Inc, makes one type of birdhouse that it selis for $29,20 each. Its variable cost is $14.00 per house, and its fixed ci total $13.117.60 per yeac. Hawk currently has the capacity to produce up to 2,400 birdhouses per year, so its relevant range is 0 to 2.400 houses, Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 birdhouses this yeat. 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 $24,000 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. Calculate Hawk's break-even point in number of units and in sales revenue. (Rosnd your "Sales Revenue" answer to 2 decimal places and "Unit" answer to the nearest whole number.) PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Targe Profit [ LO 6-1, 6-2] Hawk Homes, inc, makes one type of birdhouse that it sells for $29.20 each. Its variable cost is $14.00 per house, and its fixe total $13,117.60 per year. Hawk currently has the capacity to produce up to 2,400 birdhouses per year, so its relevant range is 2,400 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,190 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 $24,000 this year. Determine how many birdhouses it must sell to generate this amount of p Complete this question by entering your answers in th tabs below. Suppose Hawk wants to earn $24,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. (Round your answer to the nearest whole number.)

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