Part 1: Essay Question Grange Company had a sales vlome of 57,500 units in 2021 when selling price per unit was $25, the variable costs per unit were $17, and the fixed costs were $400,000. 1) The degree of operating leverage equals It means that if sales increase by 10%, 7.667 7.7 operating income will increase by - 76.6% 77% (P_Ucu)XQ (P-vcu)Q-F 72105 drop 125-17157500 (25-17) 57500-400000 8X57500 8x57500-400000 = 460.000 60 000 7:66667 2) What is the amount of sales revenues needed to achieve an after-tax net income of $42,000? Assume tax rate is 20%. home num lock 7v home end E