sed Phone Company sets als waterproof phone case for $95 per unit. Fred costs total 5119700, and variable costs are $38 per unit. 1 Contribution margin perut pert Choose Numerator Choose betimin Break Even Units Break events MC Graw Wall Pro Nead > ype here to search o O RE 2 E 72F Sunny cop 6 20 T 0 P G H K L B M 2 The following costs result from the production and sale of 4.950 drum sets manufactured by Tight Drurns Company for the year ended December 31, 2019. The drum sets sell for $345 each. The company has a 40% income tax rate. $ 170,00 499.950 222.750 166,90 Vare production costs Plastic for casing wages of assembly workers Oro stands Variable selling costs Sales comissions Fixed manufacturing costs Taxes on Factory Factory maintenance Factory machinery depreciation Fixed selling and dinistrative costs Lease of equipment for sales stolt accounting staff salaries Adeinistrative management salaries 5.500 11. 71.000 11,000 61,000 143.000 Required: 1. Prepare a contribution margin income statement for the year 2 Compute its contribution margin per unit and its contribution margin ratio 3. For each dollar of sales, how much is left to cover foxed costs and contribute to operating income? Complete this question by entering your answers in the tabs below. MC Graw Hill o Type here to search O ii 22 10111 72F Sunny 7 8 O G K 7clvl B/N Il B M SBD Phone Company sells its waterproof phone case for $104 per unit Foxed costs total $197,000, and variable costs are $31 per unit. B Duter the contribution maginatio per un Contribution margin Contribution Margin Ratio Choose Numerator Choose Denominator Contribution Margin Ratio Contribution margin ratio (2) Determine the break even point in dollars Choose Numerator: Choose Denominator Break Even Point in Dollars Break-even point in dollars Prey 3.03 Nerd ere to search 72F Sunny O hp 8 O P T. KL Santana Rey expects sales of Business Solutions's line of computer workstation furniture to equal 300 workstations at a sales price of $3.200 each) for 2019. The workstations manufacturing costs include the following Direct materials Direct labor Variable overhead Fixed overhed $ 720 per unit 3 per $ per unit 519,200 per year The selling expenses related to these workstations follow Variable selling expenses $ 35 per unit $3,000 per year Santana is considering how many workstations to produce in 2019. She is confident that she will be able to sell any workstations in her 2019 ending inventory during 2020. Howevet. Santana does not want to overproduce as she does not have sufficient storage space for many more workstations Required: 1. Complete the following income statements using absorption costing 2. Complete the following income statements using variable costing Complete this question by entering your answers in the tabs below. 1 of 1 Next ere to search o i 1 72F Sunny B R H K L JU B. N M