help with a, b, c, d, & e

both c's.

Houston Co. plans to produce and sell chairs. The projected data for producing a chair are as follows: Budgeted sales per year (in units) Selling price Variable costs Total fixd costs Income tax rate Desired annual profit after tax 3,000 $100 $60 $60,000 20% $80,000 Required a) What is the contribution margin for each chair? b) How many chairs would it have to sell in order to break even? C) How many sales revenue would it have in order to break even? C) To earn deired after-tax profit, how many chairs would it have to sell? d) Calculate margin of safety in units with the budgeted sales volume. e) Calculate degree of operating leverage with budgeted sales volume. TT T Arial 3 (12pt) VT