The contribution margin income statement of Cosmic Donuts for August 2024 follows: (Click the icon to view the contribution margin income statement.) Cosmic sells two dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $3.10, with total variable cost of $1.24 per dozen. A dozen custard-filled donuts sells for $7.20, with total variable cost of $2.88 per dozen. Read the requirements. Data table Requirements 1. Calculate the weighted-average contribution margin. 2. Determine Cosmic's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. 3. Compute Cosmic's margin of safety in dollars for August 2024. 4. Compute the degree of operating leverage for Cosmic Donuts. Estimate the new operating income if total sales increase by 40%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 40% increase in total sales. (The sales mix remains unchanged.) The contribution margin income statement of Cosmic Donuts for August 2024 follows: (Click the icon to view the contribution margin income statement.) Cosmic sells two dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $3.10, with total variable cost of $1.24 per dozen. A dozen custard-filled donuts sells for $7.20, with total variable cost of $2.88 per dozen. Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amounts to the nearest cent) Requirement 2. Determine Cosmic's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and floxed. donuts to be sold. (Complete all input fields. Enter a " 0 " for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM = weightedaverage contribution margin.) Determine Cosmic's monthly breakeven point in dozens of plain donuts and custard-filled donuts. The breakeven point is dozen plain donuts and dozen custard-filled donuts. for any zero balances.) Requirement 3. Compute Cosmic's margin of safety in dollars for August 2024. (The contribution margin income statement provided should be used to determine any expected results.) = Margin of safety in dollars = Requirement 4. Compute the degree of operating leverage for Cosmic Donuts. Estimate the new operating income if total sales increase by 40%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) Begin by computing the degree of operating leverage for Cosmic Donuts. (Round the degree of operating leverage to four decimal places, XxXXX.) = Degree of operating leverage ]= Estimate the new operating income if total sales increase by 40%. (Round interim calculations to four decimal places and your final answer to the nearest dollar. Assume the sales mix remains unchanged.) The estimated operating income will be Requirement 5. Prowe your answer to Requirement 4 by preparing a contribution margin income statement with a 40% increase in total sales. (The sales mix remains unchanged.)