sland Noveltes, incorporated, of Palau makes two products - Hawatian Fantasy and Tahittan Joy Each product's selling price, varlable expense per unit and annual sales volume are as follows: Fixed expenses toral $456.500 per year. Required: 1. Assuming the sales mix glven above, do the followng a. Prepare a contibution format income statement showing both dollar and percent columns for each product and for the company as a whole. b. Compute the company's break-even point in dollar sales. Also, compute its margin of safety in dollars and its margin of safety percentage 2. The company has developed a new product called Samoan Delight that sells for $75 each and that has variable expenses of $45 per unit if the company can sell 12600 units of Samoan Delight without incurting any additional fixed expenses: a. Prepare a revised contributson format income statement that includes Samoan Delight. Assume that sales of the other two products does not change. b. Compute the company's revsed break-even point in dolar sales. Also. compute its revised margin of safety in dollars and margin of falety percentage Complete this que-than by entering vour answers in the tabs below. Assuming the sales mix given above, do the followingi prepare a contribution format income stacerment thowing both doliar and percent columis for esch product and for the composin as a wole