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Healthy Foods Inc. sells 60-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $60,000, while the

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Healthy Foods Inc. sells 60-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $60,000, while the variable costs of grapes are $0.10 per pound. a. What is the break-even point in bags? (Round your answer to 2 decimal places.) Answer is complete and correct. Break-even point 15,000.00 bags b. Calculate the profit or loss (EBIT) on 13,000 bags and on 41,000 bags. Answer is complete and correct. Bags Profit/Loss Amount 13,000 Loss 8.000 41,000 Profit $ 104,000 c. What is the degree of operating leverage at 24,000 bags and at 41,000 bags? (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Bags Degree of Operating Leverage 1.71 1.32 X 24,000 41,000 d. If Healthy Foods has an annual interest expense of $12,000, calculate the degree of financial leverage at both 24,000 and 41,000 bags. (Round your answers to 2 decimal places.) Degree of Financial Leverage Bags 24,000 41,000 e. What is the degree of combined leverage at both 24,000 and 41,000 bags? (Round your answers to 2 decimal places.) Bags Degree of Combined Tavarana

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