The contribution margin income statement of Creative Donuts for August 2024 follows Click the icon to view the contribution margin income statement) Creative sels four dozen plain donuts for every two dozen cualand-tiled donuts A dozen plain donuts sels for $3.10, with total variable cost of $1.24 per dozen. A dozen custard-bed donuts sells for $720, with total variable cost of $2.8 perdoren Read the requirements Requirement 1. Calculate the weighted average contribution margin (Round all cumancy amounts to the nearest cent) Sales price per int Vanable cost per unt Contribution margin per unt Saes ma in uns Contribution marg Plain Filled Total 3.10 7.20 1.24 2.88 136 4.32 Weighted average contribution margin perunt Requirement 2. Determine Creative's monthly breakeven point in dozens of plain donuts and custard-ed donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven of al Show only two categories of costs variable and fixed Ww 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 input fields Enter for any ero bamos Enter currency amounts to the nearest cent. Abbreviation used: Weighted avg CM weighted average contribution margin) Fixed costs Target prote Weighted avg CM per unit Determine Creative's monthly breakeven point in dozens of plain donuts and custard filled donuts. The breakeven point is ozen plain donuts and dozen custard-filed donuts Requred sales in units 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 "for any zobac Creative Donuts Contribution Margin Income Statement 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 faed. (Enter a "0" for any) Creative Donuts Contribution Margin income Statement Net Sales Revenue Vanable Costs Plain Filled Total Contribution Margin Fixed Casts Operating Income Requirement 3. Compute Creative's margin of safety in dollars for August 2024. (The contribution margin income statement provided should be used to determine any expected res Margin of safety in dol Requirement 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 20% (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, XX000x) Degree of operating leverage Estimate the new operating income & total sales increase by 20% Round interim calculations to four decimal places and your final answer to the nearest duar Assume the sales mis remains unchanged) The estimated operating income will be Requirement 5. Prove your answer to Requirement 4 ty preparing a contribution margin income statement with a 20% increase in total sales. (The sales mix remains unchanged Requirement 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 20% (Round the degree of operating leverage to four decimal places a 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, XXXXXX) Degree of operating leverage Estimate the new operating income if total sales increase by 20%. (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 mix remains unchanged.) Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 20% increase in total sales. (The sales mix remains u Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income ust Mar Data table for $3.10, with total variable cost variable cost of $2.88 per dozen Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2024 - Net Sales Revenue $ 126,000 e D Variable Costs: Cost of Goods Sold $ 32,700 uts. Selling Costs 16,600 De Administrative Costs 1,100 50,400 Contribution Margin 75,600 und Fixed Costs: ar. A Selling Costs 42,210 Administrative Costs 14,070 56,280 cont rem $ 19,320 Operating Income Print Done ar Requirements 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 2024. 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 20%. (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 20% increase in total sales. (The sales mix remains unchanged.) Print Done