Hawk Homes, Inc., makes one type of birdhouse that it sells for $31.40 each. Its...
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Hawk Homes, Inc., makes one type of birdhouse that it sells for $31.40 each. Its variable cost is $14.50 per house, and its fixed costs total $14,567.80 per year. Hawk currently has the capacity to produce up to 2,800 birdhouses per year, so its relevant range is 0 to 2,800 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,110 birdhouses this year. (Enter your answers rounded to 2 decimal places.) HAWK HOMES, INC. Contribution Margin Income Statement Sales Revenue Variable Costs Contribution Margin Fixed Costs Income from Operations 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answers rounded to 2 decimal places.) Total Contribution Margin . Calculate Hawk's contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places.) Unit Contribution Margin Contribution Margin Ratio
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