The contribulion margin inceme statement of Bountiful Bean Coffee for December folows: (Click the icon to view the contribution margin inoome stalement.) Bountiful Bean Cotfee sels three small cotlees for every large cotlee. A small cotlee sels for $2.00, with a variable expense of $1.00. A large ooffee selis for $4.00, with a vatiabie oxpense or $2.00. Read the reguirements. Requirement 1. Determine the colfee shop's monenty breakeven point in the numbers of small cotlees and targe colfoes. Prove your answer by preparing a summary contribution margin income: statement at the breakeven level of soles. Show only two categorles of experses: variable and frod Begin by identifyg the formula to compute the total bceokoven point in units, (Abbreviations used ang: = Average; CM = Controution margin). Now calculate the weighted-averige contribution margin per unit. (Round the woighted-average contributlon margin per unit to tha noarnst cent) The benokeven point is mall cups and Wres oups of cotfen. Data table Requirements 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of expenses: variable and fixed. 2. Compute the coffee shop's margin of safety in dollars. 3. Use the coffee shop's operating leverage factor (using the December contribution margin income statement) to determine its new operating income if sales volume increases 10%. Prove your results using the contribution margin income statement format. Assume that sales mix remains unchanged. Requirement 1. Determine the cotfoe shop's monthly broakeven point in the numbers of small coflees and lasge coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of experses: variable and fred. Begin by identfying the formula to compute the total breabeven point in units. (Abbreviations used. avg, in Average, CM = Contributicn margin.) Y=1=Breakevensalesinunits Now calculate the weighted-average contribution margin per unit. (Round the woighted-average contribution margin per unit to the nearest cent) The beoskeven point is small cups and laros cups of cotlee Prepare a summary contribuson margin income statement to prove your answer above. (Complete at inpul fields. For amounts with a-\$0 balance, makn sure lo emer tor in the appeoprieie The contrbution margin income statement of Bountiful Bean Coffee for December follows: (Click the lcon to view the contribution margin income stasemert.) Bountiti Bean Comee solis three smal coffees for overy large coffoe. A small cotfe0 sells for $2.00, with a variable expense of $1.00, A latge colllee sells for $4.00, with a varlable expense of $2.00 Read the reguirements The broakeven point is small cups and largo cups of coffee. Propare a summary contribution margin income statement to prove your answer above. (Complete allinput fialds. For amounts with a $0 buiance, make sure to enter to" in the appropriate ingut fiold. Requirement 2. Compofe the colfee shop's margin of safety in dolars. Ifentify the formula to compute the margin of sadoty in doliars. =Marginofsatetyindolars: The marein of sadety in dolars is Requirement 3. Use the colloe shog's operating loverdge factor (using the Docember contribution margin income statement) to determine its new operabing income if sales volume increases ioW. Prove your results using the conthbution margin income statement format. Assume that sales mix remains urchanged Identity the farmula to compute the operatiog leverige tactor The contrbusion margin income statement of BounSul Bean Cofflee for Docember follows: III (Click the icon to vow the contribution margin income statement.) Bountiful Bean Coffee selis three small cotfees for every large coffee. A smal collee sels for $2.00, with a variable oxpense of $1.00. A targe cotteo sells for $4. 00, with a variablo expense of $2.00. Read the ceguirements Requlrement 3. Use the cotlee shop's operating leverage factor (using the December contribution margin income stalement) to determine its new operabing income if saies volume increases low: Prove your results using the contribution margin income statement format, Assume that sales mix remains unchanged. tdontify the formula to compute the operating leverage factor. (Round your answer to two docimal pinces.) Bounthit Bean Cowee's operating loverage factor is If BountAl Bean Cosoe can incroaso sales revenue by 10\%. keeping the salee mix the same, opersting inconse wili be Prepare a summacy coninbution margin income stasement to provo your answer above. (For amounts with a 50 balanco, make sure to eoler "" in the appeopeiate input Feld.) The contribution margin income statement of Bountiful Bean Coffee for December follows: III (Cick the icon to view the contribution margin income statement) Read the teguirements. Identify the formula to compute the operating leverage factor. (Round your answer to two decinal places.) Bountful Bean Coffee's operating Jeverage factor is If Bouatiful Bean Coffee can incresse sales revenue by 10% koeping the sales mix the same, operating income wit be Prepare a summary contribution margin income statoment bo prove your answer above. (For amounts with a $0 bolance, mako sure to enter "or in se appropriate input field.)