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Please help me with this. Thank you. Fairview Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden 6 maintenance. The

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Please help me with this. Thank you.

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Fairview Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden 6 maintenance. The company charges customers $30 per hour for each type of service, but lawn maintenance has 7 higher variable costs ($14 per hour) than garden maintenance ($6 per hour) because of fuel expenses incurred to 8 operate lawn-mowing equipment. All employees are paid a fixed monthly salary. A contribution format income 9 statement for a recent month for the two services appears below. During the month, 12,000 hours of lawn maintenance 10 services and 4,000 hours of garden maintenance were provided: 11 Lawn Per Hour Garden 12 Maintenance Maintenance Per Hour Total 13 Sales $ 360.000 |$ 30 $ 120.000 $ 480,000 14 Variable expenses 168,000 24,000 6 192,000 15 Contribution margin 192,000 16 ........ 96.000 24 288,000 16 Fixed expenses 216,000 17 Operating income $ 72,000 18 19 Required: 20 1. Compute the overall CM ratio for the company. 21 22 Contribution margin 23 Sales 24 Contribution margin ratio 25 26 2. Compute the overall break-even point for the company in sales dollars. 27 28 Fixed expenses 29 Contribution margin ratio 30 Break-even point 21AB C D E F G H I JK 32 3. Compute the weighted-average CM per hour for the company. 33 Lawn Garden 34 Maintenance Maintenance. Total 35 Contribution margin per hour 36 Sales mix 37 Contribution margin ratio 38 39 4. Calculate the overall break-even point for the company in hours. 40 41 Fixed expenses 42 Contribution margin ratio 43 Break-even point 44 45 5. At the overall break-even point in total hours, how many hours of each service must be provided for the company 46 to break-even? 47 Lawn Garden 48 Maintenance | Maintenance 49 Total break-even hours 50 Sales mix 0% 0% 51 Servise break-even hours 52 53 6. Calculate the overall sales in dollars required to earn an after-tax profit of $84,000 if the tax rate is 30%. 54 55 Fixed expense 56 57 ....A.... Target profit before tax 58 Contribution margin ratio 59 Dollar sales 60 OT

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