Scott Rouse is evaluating a business opportunity to sell premium car wax at vintage car shows. The wax is sold in 64 -ounce tubs. Scott can buy the premium wax at a wholesale cost of $30 per tub. He plans to sell the premium wax for $80 per tub. He estimates fixed costs such as travel costs, booth rental cost, and lodging to be $900 per car show. 1. Determine the number of tubs Scott must sell per show to break even. 2. Assume Scott wants to earn a profit of $1,100 per show. a. Determine the sales volume in units necessary to earn the desired profit. b. Determine the sales volume in dollars necessary to earn the desired prof c. Using the contribution margin format, prepare an income statement (condensed version) to confirm your answers to parts a and b. . Determine the margin of safety between the sales volume at the breakeven point and the sales volume required to earn the desired profit. Determine the margin of safety in both sales dollars, units, and as a percentage. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. )Contributionmarginperunit= tubs per show to breakeven. Requirement 2a. Determine the sales volume in units necessary to earn the desired profit assuming Scott wants to earn a profit of $1,100 per show. Scott must sell tubs per show to earn a profit of $1,100 per show. b. Determine the sales volume in dollars necessary to earn the desired profit assuming Scott wants to earn a profit of $1,100 per show. Begin by identifying the formula to compute the sales volume in dollars necessary to earn the desired profit. Operatingincome)Contributionmarginratio=Breakevensalesindollars (Do not round intermediary calculations. Round your answer to the nearest whole dollar.) Scott must achieve sales of to earn a profit of $1,100 per show