Hawk Homes, Inc., makes one type of birdhouse that it sells for $28.50 each. Its...
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Accounting
Hawk Homes, Inc., makes one type of birdhouse that it sells for $28.50 each. Its variable cost is $13.20 per house, and its fixed costs total $13,188.60 per year. Hawk curently has the capacity to produce up to 2,300 birdhouses per year, so its relevant range is 0 to 2,300 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sels 1,280 birdhouses this year. (Enter your answers rounded to 2 decimal places.) HAWK HOMES, INC. Contribution Margin Income Statement Contribution Magin Income from Operations 2. Without any calculations, determine Hawk's total contribution margin it the company breaks even. (Enter your answers rounded to 2 decimal places.) Total Contribution Margin 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places. (Le..1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio 4. Calculate Hawk's break-even point in number of units and in sales revenue. (Round your "Sales Revenue" answer to 2 decimal places and "Unit" answer to the nearest whole number.) Break-Even Units Units Break-Even Sales Revenue 5. Suppose Hawk wants to eam $26,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. (Round up to the next whole number.) Target Unit Sales Units


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