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PA6-3 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Target Proft [LO 6-1, 6-2] Hawk Homes, Inc., makes one type of birdhouse that it sells
PA6-3 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Target Proft [LO 6-1, 6-2] Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.30 each. Its variable cost is $14.00 per house, and its fixed costs total $13,952.80 per year. Hawk currently has the capacity to produce up to 2,600 birdhouses per year, so its relevant range is 0 to 2,600 houses Required 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,140 birdhouses this year. (Enter your answers rounded to 2 decimal places.) HAWK HOMES, INC Contribution Margin Income Statement Contribution Margin Income from Operations 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answers rounded to 2 decimal places.) Total Contribution Margin
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