Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runners Warm and Cozy. Current revenue, cost, and unit sales data for the two products appear below: Warm Cozy Selling price per pair $ 8.00 $12.00 Variable expenses per pair 5 2.00 $ 6.00 Number of pairs sold monthly 1,500 units 500 units ' Fixed expenses are $1,890 per month. Required: 1. Assuming the sales mix above, do the following: 3. Prepare a contribution format income statement showing both dollars and percentage columns for each product and for the company as a whole. (Round percentage answers to 2 decimal places.) ariable expenses 3,000 25.00 3,000 50.00 6,000 33.33 Contribution margin 12,000 Fixed expenses 1,890 Operating income $ 10,110 b. Compute the breakeven point in sales dollars for the company as a whole and the margin of safety in both dollars and percentage of sales. (Do not round your intermediate calculations. Round percentage answer to 2 decimal places.) Break-even sales dollars Margin of safety in dollars Margin of safety in percentage c. Compute the breakeven point in units for the company as a whole and the margin of safety in both units (pairs of gloves) and percentage of sales. (Round percentage answer to 2 decimal places.) -I Margin of safety in units -- Margin of safety in percentage -- d. Compute how many pairs ofgloves must be sold overall if the company wants to make an aftertax target profit of $16,800 and the tax rate is 30%. Assume that the sales mix remains the same as shown above