Rawling Corporation sells golf bags and has developed the following information:

       Sales revenue                                $2,254,400

       Variable cost of goods sold                    65.5% of sales

       Fixed cost of goods sold                       $152,172

       Variable selling expense                       6% of sales

       Variable administrative expense                3.5% of sales

       Fixed selling expense                          $202,896

       Fixed administrative expense                   $315,616

For the year ended December 31, 2015, Rawling Corporation produced and sold 140,900 golf bags.

     Instructions-show all computations

(a) Prepare a detailed CVP income statement using the contribution margin format for Rawling Corporation for 2015.

(b) Compute the contribution margin per unit.

(c) Compute the contribution margin ratio.

(d) Compute the break-even point in dollars.

(e) Compute the margin of safety in dollars.

(f) Compute the margin of safety ratio.

(g) Compute the number of golf bags to be sold to earn a target income of $436,790.