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Please show steps (formulas) begin{tabular}{|l|cr|} hline multicolumn{3}{|c|}{ Exhibit 1: Assumptions (Both Products) } hline Product #1: & multicolumn{2}{|c|}{ Launch-it } hline Sales price
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\begin{tabular}{|l|cr|} \hline \multicolumn{3}{|c|}{ Exhibit 1: Assumptions (Both Products) } \\ \hline Product \#1: & \multicolumn{2}{|c|}{ Launch-it } \\ \hline Sales price per unit & $ & 10.00 \\ \hline Variable costs per unit: & $ & 4.00 \\ \hline Monthly volume & 240 & \\ \hline & \multicolumn{3}{|c|}{} \\ \hline Product \#2: & Treat-time \\ \hline Sales price per unit & $ & 30.00 \\ \hline Variable costs per unit: & $ & 14.00 \\ \hline Monthly volume & 160 & \\ \hline & \multicolumn{3}{|c|}{} \\ \hline Total fixed costs per month & $ & 1,500 \\ \hline & \multicolumn{3}{|c|}{} \\ \hline Target profit per month & $ & 8,000 \\ \hline & \multicolumn{3}{|c|}{} \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{|l|} Multiproduct Breakeven point: \\ -in units \\ Sales revenue at breakeven \\ \end{tabular}} & Total Units & Product \#1 & Product \#2 & \multirow{2}{*}{\multicolumn{4}{|c|}{JakesPetSupplies}} \\ \hline & 150 & 90 & 60 & \multirow{2}{*}{\multicolumn{4}{|c|}{ProFormaContributionMarginIncomeStatementForthemonthendingJune30}} \\ \hline & 2,700 & 900 & 1,800 & & & & \\ \hline Multiproduct Target profit point: & Iotal Units & Product \#1 & Product \#2 & & Product \#1 & Product \#2 & Total \\ \hline \begin{tabular}{|l|l} -in units \\ \end{tabular} & 950 & 570 & 380 & Sales Revenue & & & \\ \hline \multirow{4}{*}{ Sales revenue at target profit } & 17,100 & 5,700 & 11,400 & \begin{tabular}{|l|} Less: Variable Costs \\ \end{tabular} & & & \\ \hline & & & & \begin{tabular}{|l} Contribution Margin \\ \end{tabular} & & & \\ \hline & & & & \begin{tabular}{|l|l|} Less: Fixed Costs \\ \end{tabular} & & & \\ \hline & & & & Operating Income & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Margin of Safety (in \$) & \#NAME? \\ \hline Margin of Safety\% & \\ \hline & \\ \hline Degree of Operating Leverage & \\ \hline & \\ \hline Expected%changeinoperatingincome%% & \\ \hline \end{tabular}Step by Step Solution
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