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Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month
Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month $ 1.20 3.00 3600.00 Required: 1. Suppose Dana's would like to generate a profit of $860. Determine how many rosettes it must sell to achieve this target profit. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) Target Units 2. If Dana's sells 2,450 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. (Round your Margin of Safety percentage to two decimal places (.e. 1234 should be entered as 12.34%). Rosettes Margin of Safety (Units) Margin of Safety in Dollars Percentage of Sales 3. Calculate Dana's degree of operating leverage if it sells 2,450 rosettes. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places:) Degree of Operating Leverago
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