Ch 6 HW, Part 2 Saved 4 Dana's Ribbon World makes award rosettes. Following is information about the company 0.9 points Variable cost per rosette Sales price per rosette Total fixed coats per month 5 2.20 4.00 3600.00 Skloped eBook Required: 1. Suppose Dana's would like to generate a profit of $980. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 2,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 2,900 rosettes. 4a. Using the degree of operating leverage, calculate the change in Dona's profit if unit soles drop to 2,320 units. 4b. Prepare a new contribution margin income statement to verify change in dona's profit. Hint Complete this question by entering your answers in the tabs below. Print References Reg1 Reg 2 Reg 3 Reg 4A Reg 48 Suppose Dana's would like to generate a profit of $980. Determine how many rosettes it must sell to achieve this target profit. (Round your intermediate calculations to 2 decimal places and round your final answer up to nearest whole number.) Targot Units CR Reg 2 > 4 Dana's Ribbon World makes award rosettes. Following is Information about the company: 0.9 points Variable cost per rosette Sales price per rosette Total fixed costs per month $ 2.20 4.00 3600.00 Skoped Book Required: 1. Suppose Dana's would like to generate a profit of $980. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 2,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 2,900 rosettes. 4. Using the degree of operating leverage calculate the change in Dana's profit if unit sales drop to 2,320 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit Hint Complete this question by entering your answers in the tabs below. Print Reg 1 Reg 2 Reg 3 Reg 4 Reg 48 References If Dana's sells 2,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales, (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number. Round your Margin of Safety percentage to two decimal places (.e. 0.1234 should be entered as 12.34%.)) Rosettes Margin of Safety (Units) Margin of Safety in Dollars Percentage of Sales % 4 Dana's Ribbon World makes award rosettes. Following is information about the company 09 points Variable cont per rosette Sales price per rosette Total fixed costs per month 2.20 4.00 3600.00 Skipped BOOK Required: 1. Suppose Dana's would like to generate a profit of $980. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 2,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 2,900 rosettes 4a. Using the degree of operating leverage calculate the change in Dana's profit if unit sales drop to 2,320 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Hint Complete this question by entering your answers in the tabs below. Print Reg 1 Reg 2 Reg 4 Req 45 References Calculate Dana's degree of operating leverage if it sells 2,900 rosettes (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.) Degree of Operating Leverage 4 Dana's Ribbon World makes award rosettes. Following is information about the company 0.9 Variable cost per rosette Sales price per rosette Total fixed costs per month $ 2.20 4.00 3600.00 points 5pped eBook Required: 1. Suppose Dana's would like to generate a profit of $980. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 2,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 2,900 rosettes. 4a. Using the degree of operating leverage, calculate the change in Dono's profit if unit sales drop to 2,320 units 4b. Prepare a new contribution margin income statement to verify change in dana's profit Hint Complete this question by entering your answers in the tabs below. Print References Reg 1 Reg 2 Reg 3 ROSA Reg 40 Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 2,320 units. (Round your Intermediate calculations to 4 decimal places and final answer to 2 decimal places, (e. 1234 should be entered as 12.34%.>> Effect on Profit