= Homework: MA... Question 5, TIM4-5 (simi... Part 10 of 10 HW Score: 87.95%, 5.28 of 6 points Points: 0.84 of 1 Save A furniture manufacturer specializes in wood tables. The tables sell for $220 per unit and incur $110 per unit in variable costs. The company has $15,400 in fixed costs per month. Expected sales are 190 tables per month. 17. Calculate the margin of safety in units. 18. Determine the degree of operating leverage. Use expected sales. 19. The company begins manufacturing wood chairs to match the tables. Chairs sell for $32 each and have variable costs of $10. The new production process increases fixed costs to $17,200 per month. The expected sales mix is one table for every four chairs. Calculate the breakeven point in units for each product. 17. Calculate the margin of safety in units. Begin by selecting the formula labels and entering the amounts to compute the number of table the company must sell to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. For items with a zero value, enter "0".) ( Fixed costs Target profit )= CM per unit Required sales in units 140 ( $ 15,400 $ 0 ) = $ 110 Select the formula labels and then enter the amounts to compute the margin of safety in units. Expected sales Breakeven sales Margin of safety in units 190 140 50 18. Determine the degree of operating leverage. Use expected sales. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage. (Round the degree of operating leverage to four decimal places, X.XXXX.) Contribution margin Operating income 5,500 Degree of operating leverage 3.8 20,900 19. The company begins manufacturing wood chairs to match the tables. Chairs sell for $32 each and have variable costs of $10. The new production process increases fixed costs to $17,200 per month. The expected sales mix is one table for every four chairs. Calculate the breakeven point in units for each product. First, complete the table below to calculate the weighted average contribution margin. (Round the weighted average contribution margin per unit to the nearest cent.) Tables Chairs Total Sales price per unit $ 220 $ 32 110 10 Variable cost per unit Contribution margin per unit 110 22 1 Sales mix in units 4 X 5 $ 110 $ 88 $ 198 Contribution margin . $ 39.60 Weighted average contribution margin per unit Next, calculate the breakeven point in units for the "package" of products-one table and 4 chairs. Start by selecting the formula and then enter the amounts to compute the breakeven point in units. (Abbreviation used: CM = contribution margin. Complete all input fields. For items with a zero value, enter "0". Round the breakeven pointthe required sales in units-up to the nearest whole unit. For example, 245.25 would be rounded to 246.) Fixed costs Target profit Weighted-avg. CM per unit = Required sales in units ($ 17,200 $ 0 ) - $ 39.60 435 Finally, calculate the breakeven point in units for each product. (Round the breakeven pointthe required sales in units-up to the nearest whole unit. For example, 245.25 would be rounded to 246.) x Breakeven sales of units Table X Chairs