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The contribution margin income statement of Creative Donuts for August 2024 follows (Click the icon to view the contribution margin income statement) Creative sells
The contribution margin income statement of Creative Donuts for August 2024 follows (Click the icon to view the contribution margin income statement) Creative sells four dozen plain donuts for every two 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 Requirement 1. Calculate the weighted average contribution margin (Round all currency amounts to the nearest cent) Plain Filled Total Sales price per unit 3.10 7 20 124 Variable cost per unit 2.88 Contribution margin per unit 1.86 4 32 4 2 X Sales mix in units 7.44 8.64 16.08 Contribution margin Weighted average contribution margin per unit 2.68 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 fixed 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 input fields Enter a "0" for any zero balances Enter currency amounts to the nearest cent. Abbreviation used Weighted-avg CM weighted average contribution margin) Variable costs Fixed costs Sales price 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 categones of costs variable and fixed. (Enter a "0" for any zero balances) Creative Donuts Contribution Margin Income Statement Plain Filled Net Sales Revenue Vanable Costs Total
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