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John Mckright is evaluating a business oppertunty to sell peomum car wax at vntage car shows The wax is sold in 64 - ounce tubs uohn caa buy the promum wax at a wholesale cost of $30 per Iub He plans set the premum wax lor 580 per tub. He estimates frod cossts such as thapl costs, booth feetal cost, and lodgrg to be scop per car show Aeod the requiements Requirement 1. Deterrmene the numbec of thbs Joha mest sel per show to beak oven Begn by iowefyng the formula to concute the saks is unts at verous kvots of opereing income ising the contibution erargn appeoach John munt we hes per show to bieakimin Requirement 2 a. DeWornne the sales vilute in unts necewsay to ean the sesred prott assuming Juhn warts to eats a probt of 51,100 per show Jote must wet Hen per stow to earn a proit of 51,109 per shom Whin mesi achave saks of Ba sarn a profin of 11,100 per thon (Condensed licomie Statienia c. Usma the coetrituten Eaggin lormat propase an income statement (condensed verson) to contrm your ayswers to parts a and b ants. and in a percentay Now iaccety the tomula to compone the macyn of salety s ints nhis, and as a percentage Gegin by idenitifng the tormila sa compute the magin of salety n dolais. The masing of salety nogan is Now ideritay tho forminia la congias the margin of salety in unas. The maige of sadecy unis n Hoik sechiy ons homing to combule the margen of vafoty as a peicoritaje Margi of swbtyas a percentage of herget sated The wargn of sateyy as a porcentage do target sawe n