Please help with mangerial hw

3. Travel On Inc. sells luggage. They sell a duffle bag, a carryon suitcase and a deluxe suitcase. The price and variable cost for each type of luggage is listed below. Price Variable Cost Dufe bag $100 $ 25 Carryon 180 40 Deluxe 300 120 The total xed costs for Travel On Inc. equals $60,000. For every 8 dufe bags Travel On Inc sells it sells 3 carryon suitcases and 1 deluxe suitcase. Required: A.) Calculate the package contribution margin. B.) Calculate the breakeven point in units for dufe bags, carryon suitcases and deluxe suitcases. C.) If Travel On Inc. has a target income for the coming year of $300,000, how many packages will company have to sell? D.) Based on your answer in Part C, prepare a contribution margin income statement for the coming year. E.) What is the company's margin of safety in packages