The contribution margin income statement of Creative Donuts for August 2018 follows: Click the icon to view the contribution margin income statement) Creative sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00 with total variable cost of $1.60 per dozen A dozen custard-filled donuts sells for $7.00 with total variable cost of $2.80 per dozen Read the requirements Requirement 1. Calculate the weighted average contribution margin (Round all currency amounts to the nearest cont Total Data Table Requirements - Contribut Weighted 1. Calculate the weighted average contribution margin. 2. Determine Creative'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 Creative's margin of safety in dollars for August 2018 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 10% (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 10% Increase in total sales, (The sales mix remains unchanged) Requiren income se Honuts Its var Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2018 Net Sales Revenue S 130,000 Variable Costs Cost of Goods Sold S 32.500 Selling Costs 17,100 Administrative Costs 2,400 52.000 Contribution Margin 78,000 Fred Costs Selling Costs 24,840 Administrative Costs 8,280 33,120 44880 Operating Income We'll beg donuts to average e amou Enter Print Done Determin rd-filled $ The bred custard-filled donuts Prove yo for any z at the breakeven level of sales Show only two categories of costs variable and fived (Enter a "0" Print Done Contribution Margin Income Statement Plain Filled Total Question Help The contribution margin income statement of Creative Donuts for August 2018 follows: Click the icon to view the contribution margin income statement) Creative sells four dozen plain donuts for every dozen custard-filled donuts A dozen plair donuts sells for $4.00, with total variable cost of $160 per dozen A dozen custard-filled donuts sells for $7.00, with total variable cost of $2.80 per dozen Read the requirements Requirement 1. Calculate the weighted average contribution margin (Round all currency amounts to the nearest cent) Plain Filled Total Contribution margin Weighted average contribution margin per unit Requirement 2. Determine Creative'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 fored We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to compute the breakeven point in units for the package of products--total dozens of donuts to be sold (Complete all answer boxes Enter a "O" for any zero balances Enter currency amounts to the nearest cont. Abbreviation used: Weighted-avg CM = weighted- average contribution margin) Required sales in units Determine Creative'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 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. (Enter a "0" for any zero balances) Creative Donuts Contribution Margin Income Statement Plain Filled Total Choose from any list or enter any number in the input fields and then continue to the next question he contribution margin income statement of Creative Donuts for August 2018 follows: (Click the icon to view the contribution margin income statement.) Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amo Plain Filled Total w Contribution margin per unit Fixed cost per unit Sales mix in units Sales price per unit Variable cost per unit Requirement 2. Determine Creative's monthly breakeven point in dozens of plain donuts and cus income statement at the breakeven level of sales. Show only two categories of costs: variable and We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to co donuts to be sold. (Complete all answer boxes. Enter a "O" for any zero balances Enter currency a average contribution margin.) 17 Determine Creative's monthly breakeven point in dozens of plain donuts and custard-filled donuts The breakeven point is dozen plain donuts and dozen custard-filled don Prove your answer by preparing a summary contribution margin income statement at the breakeven for any zero balances.) Creative Donuts Contribution Margin Income Statement Plain Filled Total Choose from any list or enter any number in the input fields and then continue to the next questi the weighted-average contribution margin. (Round all currency amou Plain Filled Total Contribution margin "Weighted average contribution margin per unit Requirement 2. Determine Creative's monthly breakeven point in dozens of plain donuts and custa income statement at the breakeven level of sales. Show only two categories of costs: variable and f We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to com donuts to be sold (Complete all answer boxes Enter a "0" for any zero balances. Enter currency an average contribution margin.) 17 Fixed costs Det Sales price wen point in dozens of plain donuts and custard-filled donuts The Target profit dozen plain donuts and dozen custard-filled donuts Variable costs Pro mmary contribution margin income statement at the breakeven lev for Weighted-avg. CM per unit Weighted-avg. CM ratio ve Donuts Contribution Margin Income Statement Plain Filled Total Choose from any list or enter any number in the input fields and then continue to the next question The contribution margin income statement of Creative Donuts for August 2018 follows: Creative sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plair Click the icon to view the contribution margin income statement) donuts sells for $4.00 with total variable cost of $1.60 per dozen A dozen custard-filed donuts sells for $7.00, with total variable cost of 52 80 per dozen Read the requirements Creative Donuts Contribution Margin Income Statement Plain Filled Total Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Requirement 3. Compute Creative's margin of safety in dollars for August 2018 (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 Creative Donuts Estimate the new operating income if total sales increase by 10% (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 Creative 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 10% (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. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 10% increase in total sales, (The sales mix remains unchanged) Creative Donuts Question Help The contribution margin income statement of Creative Donuts for August 2018 follows: Creative sells four dozen plain donuts for every dozen custard Slod donuts. A doren plain Click the icon to view the contribution margin income statement) donuts sells for $4.00 with total variable cost of $1.60 per dozen A dozen custard filled donuts sells for $7.00, with total variable cost of 52 80 per dozen Read the requirements Operating Income Requirement 3. Compute Creative's margin of safety in dollars for August 2018. (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 Creative Donuts. Estimate the new operating income il total sales increase by 10%. (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 Creative Donuts (Round the degree of operating leverage to four decimal places, XXXCXX) Degree of operating leverage Estimate the new operating income il total sales increase by 10% (Round interim calculations to four decimal places and your final answer to the nearest dolar Assume the sales mix remains unchanged) The estimated operating income will be $ Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 10% increase in total sales. (The sales mix romains unchanged) Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2018 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Choose from any list or enter any number in the input rields and then continue to the next question Contribution Margin Fixed Costs Operating Income Requirement 3. Compute Creative's margin of safety in dollars for August 2018. (The co results.) = Margin of safety in 1 gree of operating leverage for Creative Donuts. Estimate ind the final answer to the nearest dollar. Assume the sales - Breakeven sales in dollars Breakeven sales in units Contribution margin Expected sales in dollars Expected sales in units Operating income of operating leverage for Creative Donuts. (Round the degre Degree of operating Estimate the new operating income if total sales increase by 10%. (Round interim calculations mix remains unchanged.) The estimated operating income will be $ Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin incom Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2018 Net Sales Revenue Warta Cat Choose from any list or enter any number in the input fields and then continue to the next qu Costs Operating Income Requirement 3. Compute Creative's margin of safety in dollars for August 2018. results.) 7 Margin of sa Requirement 4. Compute the degree of operating leverage for Creative Donuts. Est leverage to four decimal places and the final answer to the nearest dollar. Assume th Begin by computing the degree of operating leverage for Creative Donuts. (Round the Degree of oper ne if total sales increase by 10% (Round interim calcu will be $ Breakeven sales in dollars Breakeven sales in units Contribution margin Expected sales in dollars Expected sales in units Fixed cost Operating income Sales revenue Variable costs ver to Requirement 4 by preparing a contribution margin e Statement 31, 2018 Net Sales Revenue Variable Cant Choose from any list or enter any number in the input fields and then continue to the ne