Carpets Corporation Jasmine encountered her boss Aladdin at the espresso machine in the lounge. Aladdin is the VP of marketing at Carpets Limited. Jasmine was puzzled by some calculations she had been doing so she asked: Jasmine: Aladdin, I'm not sure how to go about answering the questions that came up at the meeting with the President yesterday. Aladdin: What's the problem? Jasmine: The President wanted to know the break-even sales for the month, but I'm having trouble figuring it out. Aladdin: I'm sure you can handle it, Jasmine. And by the way, I need your analysis emailed and on my computer the morning of March 13 at 8:40 sharp so I can look at it before the follow-up meeting at 9:55. Carpets make three flying carpets in its manufacturing facility in Jafar. Data on these three products are as follows: Sales Variable expenses Contribution margin Product C $660,000 396.000 $264,000 Product J $380,000 266.000 $114,000 Product R $660,000 528,000 $132,000 Budgeted operating income for the month is $260,000. REQUIRED 1. Calculate the break-even sales for the month. 2. Calculate the margin of safety. 3. Calculate the degree of operating leverage