Operating leverage; margin of safety; income statement Titan Foods makes a high-energy frozen meal. The selling price per package is $7.20, and variable cost of production is $4.32. Total fixed cost per year is $823,160. The company is currently selling 325,000 packages per year. a. What is the margin of safety in packages? Note: Round number of units to the next highest whole units (for example, round 4.1 units to 5 units). packages 0 b. What is the degree of operating leverage? Note: Round your answer to the nearest two decimal places (for example, round 4.855 to 4.86). 0 c. If the company can increase sales in packages by 30 percent, what percentage increase will it experience in income? Note: Round your answer to the nearest whole percentage point. 0 % Prove your answer using the income statement approach. Note: Do not use negative signs with your answers. Proof Sales $ 0 Variable costs $ 0 Contribution margin $ 0 Fixed costs $ 0 Net income $ 0 Dollar change in net income $ 0 Percentage change in net income 0 % d. If the company increases advertising by $107,120, sales in packages will increase by 15 percent. What will be the new break-even point in sales dollars? $ 0 What is the new degree of operating leverage? Note: Round your answer to the nearest two decimal places (for example, round 4.855 to 4.86). 0