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Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $840. Determine

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Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $840. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 3,200 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 3,200 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's 'profit if unit sales drop to 2,880 units. b. Prepare a new contribution margin income statement to verify change in Dana's profit. Complete this question by entering your answers in the tabs below. Prepare a new contribution margin income statement to verify change in Dana's profit. Note: Do not round your intermediate calculations. Round your answers to nearest whole number. Ensure to enter loss amount with a minus sign. Complete this question by entering your answers in the tabs below. Prepare a new contribution margin income statement to verify change in Dana's profit. Note: Do not round your intermediate calculations. Round your answers to nearest whole number. Ensure to enter loss amount with a minus sign

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