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:

Fixed expenses are $$2,340$ per month.

Required:

Assuming the sales mix above, do the following:

a$.$ 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.$)$

b$.$ Compute the break$-$even 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.$)$