Requirement #5: Based on the Contribution Margin format income statement you created in requirement #4, calculate the following: 1. Total Contribution Margin 2. Contribution Margin per unit 3. Contribution Margin ratio 4. Break even point in $ and in units 5. Number of units and sales $ required to achieve monthly profits of $4,200. Requirement #6 Below are 2 separate proposals being considered. Create a contribution margin format income statement for the following using the March information as the base for each proposal to support your analysis and recommendations: 1. The Baker believes that if she uses pecans and raisins in the basic cinnamon bun recipe, that sales volume will increase by 25%. The additional cost per cinnamon bun for the pecans and raisins will be $.20. What will be the new net Income under this proposal? Would you recommend proceeding with this proposal? 2. Sydney believes that if she increases the monthly advertising cost by $300 that the bakery will experience a 15% sales volume increase. What will the new net Income be under this proposal? Would you recommend proceeding with this proposal? Tip: use the following format for the CM Income Statement