E, F, G

Idris Furniture, Inc., sells lamps for $30. The unit variable cost per lamp is $22. Fixed costs total 39,600. Idris's tax rate is 40%. Required: What is the contribution margin per lamp? $30 - $22 = $8 per lamp a. b. What is the contribution margin ratio for Idris Furniture, Inc. $8/$30 = 26.6796 What is the breakeven point in units and in dollars? $9,600788 = 1200 units * $30 = $36,000 d. How many lamps must be sold to eam a pretax income of $8,000? $9,600 + $8,000 = $17,600/$8 = 2200 lamps e How many lamps must be sold to eam an aftur tax income of $6,000? f What is the margin of safety, assuming 1,500 lamps are sold? What is the company's degree of operating leverage, assuming 1.500 Lamps are sold