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Dana's Ribbon World makes award rosettes. Following is information about the company s 280 Required 1. Suppose Dana's would like to generate a profit of

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Dana's Ribbon World makes award rosettes. Following is information about the company s 280 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. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) 2. If Dana's sells 2,100 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 (i.e. .1234 should be entered as 12.34%). 3. Calculate Dana's degree of operating leverage if it sells 2,100 rosettes. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.) 4. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,848 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%.))

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