The contribution margin income statement of Creative Donuts for August 2018 follows: BF(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 cent.) i Data Table Total Plain 4.00 Salos price per unit $ $ Filled 7.00 2.80 1.60 - Variable cost per unit Contribution margin per unit 2.40 X Sales mix in units 4.20 1 4.20 9.60 $ $ 13.80 Contribution margin Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2018 Net Sales Revenue $ 130,000 Variable Costs: Cost of Goods Sold S 32,600 Selling Costs 17,200 Administrative Costs 2,200 52.000 Contribution Margin 78,000 2.76 Weighted average contribution margin per unit 5. Show only two Requirement 2. Determine Creative's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a sum categories of costs: variable and fixed. Enter a "0" for 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 any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM = weighted average contribution margin.) Fixed Costs: ( Fixed costs 33,120 + $ Target profit 0 )/ Weighted-avg. CM per unit / $ 2.76 = Required sales in units = = 12,000 Selling Costs Administrative Costs 24,840 8,280 33,120 Determine Creative's monthly breakeven point in dozens of lain donuts and custard-lilled donuts $ 44,880 Operating Income Enter any number in the edit fields and then click Check Answer. 1 parts Print Done 4 remaining Clear All 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. we'll begin with the breakeven point. Start by selecting the formula ana entering the amounts to compute the breakeven point in units for the package or any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM = weighted average contribution margin.) Enter autor i Data Table Fixed costs 33,120 + Target profit + SO )/ )/ Weighted-avg. CM per unit $ 2.76 = Required sales in units 12,000 { $ Determine Creative's monthly breakeven point in dozens of plain donuts and custard-filled donuts. The breakeven point is 9,600 dozen plain donuts and 2,400 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: varia Creative Donuts Contribution Margin Income Statement Plain Filled Net Sales Revenue Total Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2018 Net Sales Revenue $ 130,000 Variable Costs: Cost of Goods Sold $ 32,600 Selling Costs 17,200 2,200 52,000 Administrative Costs Contribution Margin 78,000 Fixed Costs: Selling Costs 24,840 Administrative Costs 8,280 33,120 $ 44,880 Operating Income Variable Costs Contribution Margin Fixed Costs Operating Income Enter any number in the edit fields and then click Check Answer. Print parts 4 Done + remaining Clear All