Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette $ 2.60 Sales price per rosette 5.00 Total fixed costs per month 4800.00 Required: 1. Suppose Dana's would like to generate a profit of $1,080. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 2.100 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 2.100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's prot if unit sales drop to 1,848 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. Reg 1 Req 2 Req 3 Reg 4A Req 4B Prepare a new contribution margin income statement to verify change in Dana's prot. Note: Do not round your intermediate calculations. Round your answers to nearest whole number. Ensure to enter loss amount with a minus sign. Contribution Margin Income from Operations Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette $ 2.60 Sales price per rosette 5.00 Total fixed costs per month 4800.00 Required: 1. Suppose Dana's would like to generate a profit of $1,080. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 2,100 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 2,100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's prot if unit sales drop to 1,848 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. Req 1 Req 2 Req 3 Req 4A Req 4B If Dana's sells 2,100 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. Note: 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 (i.e. 0.1234 should be entered as 12.34%.) Margin of Safety (Units) Margin of Safety in Dollars Margin of Safety Percentage