The contribution margin income statement of Krazy Kustard Donuts for August 2024 follows: (Click the icon to view the contribution margin income statement.) Contribution Margin Income Statement C Krazy Kustard sells five dozen plain donuts for every two dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.80 per dozen. A dozen custard-filled donuts sells for $6.80, with total variable cost of $3.06 per dozen. Read the requirements. Data table Krazy Kustard Donuts Contribution Margin Income Statement Month Ended August 31, 2024 $ 32,900 16,700 6,200 34,650 11.550 Net Sales Revenue Variable Costs: Cost of Goods Sold Selling Costs Administrative Costs Contribution Margin Fixed Costs: Selling Costs Print Done - X $ 124,000 55,800 68,200 46 200 Requirements 1. Calculate the weighted-average contribution margin. 2. Determine Krazy Kustard'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. 4. 3. Compute Krazy Kustard's margin of safety in dollars for August 2024. Compute the degree of operating leverage for Krazy Kustard 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 20% increase in total sales. (The sales mix remains unchanged.) Print Done X Data table Month Ended August 31, 2024 $ 32,900 16,700 6,200 34,650 11,550 Net Sales Revenue Variable Costs: Cost of Goods Sold Selling Costs Administrative Costs Contribution Margin Fixed Costs: Selling Costs Administrative Costs Operating Income 69 $ 124,000 55,800 68,200 46,200 22,000 X 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 Krazy Kustard'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.) ) + = Required sales in units ( Determine Krazy Kustard'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.) Krazy Kustard Donuts Contribution Margin Income Statement Plain Filled Total Net Sales Revenue Variable Costs Krazy Kustard Donuts Contribution Margin Income Statement Plain Filled Total Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Requirement 3. Compute Krazy Kustard'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 Krazy Kustard 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 Krazy Kustard Donuts. (Round the degree of operating leverage to four decimal places, X.XXXX.) 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 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 unchanged.) Krazy Kustard Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue 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 unchanged.) Krazy Kustard Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Time Remaining: 05:55:56 Next