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Please show solutions with formulas. Contribution Income Statement, Cost-Volume-Profit Graph, and Taxes New York Tours (NYT) provides daily sightseeing tours that include transportation, admission to

image text in transcribed Please show solutions with formulas.
Contribution Income Statement, Cost-Volume-Profit Graph, and Taxes New York Tours (NYT) provides daily sightseeing tours that include transportation, admission to selected attractions, and lunch. Ticket prices are $85 each. During June 2013. NYT provided 3,000 tours. NYT is subject to an income tax rate of 40 percent. Required a. Prepare a contribution income statement for June. b. Determine NYT's monthly break-even point in units. c. Determine NYT's margin of safety for June 2013. J. Determine the unit sales required for a monthly after-tax profit of $ 15.000. c. Prepare a cost-volume-profit graph. Label the horizontal axis in units with a maximum value of 4,000. Label the vertical in dollars with a maximum value of $300,000. Draw a vertical line on the graph for the current (3,000) unit level and label total variable costs, total fixed costs, and total before-tax profits at 3,000 units

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