2. A furniture manufacturer specializes in wood tables. The tables sell for $160 per unit and incur $72 per unit in variable costs. The company has $12,320 in fixed costs per month. Expected sales are 290 tables per month. 17. Calculate the margin of safety in units. 18. Determine the degree of operating leverage. Use expected sales. 19. The company begins manufacturing wood chairs to match the tables. Chairs sell for $40 each and have variable costs of $25. The new production process increases fixed costs to $13,920 per month. The expected sales mix is one table for every eight chairs. Calculate the breakeven point in units for each product. 17. Calculate the margin of safety in units. Begin by selecting the formula labels and entering the amounts to compute the number of table the company must sell to break even. (Abbreviation used: CM contribution margin. Complete all answer boxes. For items with a zero value, enter "O".) Fixed costsTarget profit CM per unitRequired sales in units $ 12,320 0S 88 140 Select the formula labels and then enter the amounts to compute the margin of safety in units. Expected sales Breakeven salesMargin of safety in units 290 140 150 18. Determine the degree of operating leverage. Use expected sales. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage. (Round the degree of operating leverage to four decimal places, X.xxxx.) Contribution margin Operating income Degree of operating leverage 19. The company begins manufacturing wood chairs to match the tables. Chairs sell for $40 each and have variable costs of $25. The new production process increases fixed costs to $13,920 per month. The expected sales mix is one table for every eight chairs. Calculate the breakeven point in units for each product. First, complete the table below to calculate the weighted-average contribution margin. (Round the weighted-average contribution margin per unit to the nearest cent.) Tables Chairs Total Contribution margin Weighted-average contribution margin per unit Next, calculate the breakeven point in units for the "package" of products-one table and 8 chairs. Start by selecting the formula and then enter the amounts to compute the breakeven point in units. (Abbreviation used: CM- contribution margin. Complete all answer boxes. For items with a zero value, enter "*.Round the breakeven point-the required sales in units-up to the nearest whole unit. For example, 245.25 would be rounded to 246.) Required sales in units Finally, calculate the breakeven point in units for each product. (Round the breakeven point unit. For example, 245.25 would be rounded to 246.) -the required sales in units-up to the nearest whole Breakeven sales of units Table (10) Chairs