Saved Help 7 Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $24.0 per hour for each type of service, but lown maintenance has higher variable costs ($14.4 per hour than garden maintenance ($72 per hour) because of fuel expenses incurred to operate lawn mowing equipment. All employees are paid a fixed monthly salary. A contribution format income statement for a recent month for the two services appears below. During the month, 8,000 hours of lawn maintenance services and 2,000 hours of garden maintenance were provided: 8 points eBook Print Sales Variable expenses Contribution margin Lawn Per Garden Per Maintenance Hour Maintenance Hour Total $ 192,000 $24.0 $ 48,000 $24.0 $ 240,000 115,200 14,400 7.2 129,600 $ 76,800 $ 9.6 $ 33,600 $16.8 110,400 References Fixed expenses 61,824 Operating income $ 48,576 Required: 1. Compute the overall CM ratio for the company. Overall contribution margin ratio % DISC DIS Why bra. New Tab Two-Factor Assignment 3 Saved Help 7 2. Compute the overall break-even point for the company in sales dollars. 8 points Overall break-even point eBook Print References 3. Compute the weighted average CM per hour for the company. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Lawn Care Garden Maintenance Weighted average CM per hour 4. Calculate the overall break-even point for the company in hours. Total break-even point in hours hours 5. At the overall break-even point in total hours, how many hours of each service must be provided for the company to break-even? Lawn Care Garden Maintenance Number of hours 6. Calculate the overall sales in dollars required to earn an after-tax profit of $53,760 if the tax rate is 30%. Sales required to achieve after-tax target profit