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Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $800. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 1,100 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 935 units. b. Prepare a new contribution margin income statement to verify change in Dana's profit. Complete this question by entering vour answers in the tabs below. If Dana's sells 1,100 rotettes, compute its margin of safety in units, in sales dollars, and as o percentage of sales. Note: Do not round your intermediate calculations, Round your Margin of Safety percentage to 1 decimal place (i.e. 0.1234 should be entered as 12.3%. Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $800. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 1,100 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 935 - units. b. Prepare a new contribution margin income statement to verify change in Dana's profit. Complete this question by entering your answers in the tabs below. Suppose Dana's would like to generate o profit of $800. Determine how many rosettes it must sell to achieve this target profit. Note: Round your final answer up to nearest whole number: Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $800. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 1,100 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 935 units. b. Prepare a new contribution margin income statement to verify change in Dana's profit. Complete this question by entering your answers in the tabs below. Prepare a new contribution margin income statement to verify change in Dana's prof. Note: Round your intermediate calculations to 2 decimal places. Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $800. Determine how many rosettes it must sell to achleve this target profit 2. If Dana's sells 1,100 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 935 units. b. Prepare a new contribution margin income statement to verify change in Dana's profit. Complete this question by entering your answers in the tabs below. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. Note: Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places. Dana's Ribbon World makes award rosettes. Following is information about the company: Required: 1. Suppose Dana's would like to generate a profit of $800. Determine how many rosettes it must sell to achieve this target pro 2. If Dana's sells 1,100 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,100 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 935 units. b. Prepare a new contribution margin income statement to verify change in Dana's profit. Complete this question by entering your answers in the tabs below. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 935 units. Note: Round your intermediate calculations to 4 decimal places. Round your final answer to 2 decimal places. (1.e. 0.1234 should be entered as 12.34%.)
