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The contribution margin income statement of Too Sweet Donuts for August 2024 follows: Click the icon to view the contribution margin income statement.) Too
The contribution margin income statement of Too Sweet Donuts for August 2024 follows: Click the icon to view the contribution margin income statement.) Too Sweet sells two dozen plain donuts for every dozen custard-Siled donuts. A dozen plain donuts seits for $3.40, with total variable cost of $1.36 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.) Sales price per unit Variable cost per unit Contribution margin per unit Sales mix in units Contribution margin Plain Filled Total 3.40 7.00 1.36 2.80 2.04 4.20 4 Weighted average contribution margin per unit Requirement 2. Determine Too Sweet'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. Ender a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM weighted-average contribution margin) Fixed costs ( 34,155 Variable costs 11,385 -Weighted-avg. CM per unit Required sales in units Determine Too Sweet's monthly breakeven point in dozens of plain donuts and custard-filled donuts The breakeven point is dozen plain donuts and dozen custard-fed 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) Data table Too Sweet Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue $ 124,000 o the Variable Costs: Cost of Goods Sold $ 32,200 Selling Costs 17,200 200 49,600 Administrative Costs Contribution Margin 74,400 Fixed Costs: Selling Costs 34,155 11,385 45,540 Administrative Costs $ 28,860 Operating Income Custard-f compute nearest unit Print Done
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