B.) Simon Company manufactures bookends that it sells for $36 each. Its variable cost is $11 per unit and its fixed costs total $13,000 per year.

1. Calculate the breakeven point in number of units (round up)

   1. 36-11=25 so 13,000/25=520

2. Calculate the breakeven point in sales revenue

3. Calculate the margin of safety in units if actual sales are $35,000

4. Calculate the degree of operating leverage if 800 bookends are sold this year.

   1. cm/ net op =

5. Explain how the company's degree of operating leverage compares to Garfunkel Co, its competitor whose degree of operating leverage s 1.7 for the same time period.

6. Calculate the number of bookends Simon.Co must sell if it wants to mae $20,000 in profit.

   1. 20,000+13,000=33,000 36-11=25 so 33,000/25=1320

Please give the formula and steps on how you solved this problem.