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Craftman Inc following information for its main product Selling price per unit $ 330 Costs per unit (at the normal capacity of 33,000 units): Direct

Craftman Inc following information for its main product

Selling price per unit $ 330
Costs per unit (at the normal capacity of 33,000 units):
Direct material 40
Direct labour 20
Variable overhead 20
Fixed overhead 55
Sales Commission 7.5 % of sales

Required:

1. Compute the contribution margin ratio and break-even sales.

2. What is the margin of safety in dollars and units, and the degree of operating leverage? (Round "Degree of operating leverage" to 2 decimal places and the rest to the nearest whole number.)

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