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pls help 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
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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 $840. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 3,200 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 3,200 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 2,880 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 a profit of $840. Determine how many rosettes it must sell to achieve this target profit. Note: Round your intermediate calculations to 21 decimal places and round your final answer up to nearest whole number. Required: 1. Suppose Dana's would like to generate a profit of $840. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 3,200 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 3,200 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 2,880 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 profit. Note: Do not round your intermediate calculations. Round your answers to nearest whole number. Ensure to enter loss amount with a minus sign. 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 $840. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's selis 3,200 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 3,200 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 2,880 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 operoumg 3 inerage if it sells 3,200 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 $840. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 3,200 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 3,200 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 2,880 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 2,880 units. Note: Round your intermediate calculations to 4 decimal places and final answer to 2 decimal places. (i.e. 0.1234 should be entered as 12.34%.). 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 $840. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 3,200 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 3,200 rosettes. 4. a. Using the degree of operating leverage, calculate the percentage change in Dana's profit if unit sales drop to 2,880 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. If Dana's sells 3,200 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. Note: Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number. Round your Margin of Safety percentage to two decimal places (1.e. 0.1234 should be entered as 12.34%.) Step by Step Solution
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