Danas Ribbon World makes award rosettes. Following is information about the company:

Variable cost per rosette Sales price per rosette Total fixed costs per month 1.60 3.00 889.00 3. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.) egree of Operating Leverage 4. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 935 units. Confirm this by preparing a new contribution margin income statement. (Round your intermediate calculations to 4 decimal places and final answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Effect on Profit Contribution Margin Income Statement For 935 Rosettes Contribution Margin Income from Operations