Problem 3.52 Elina Siljander owns Elina's Stained Glass in Helsinki, Finland. The business produces and sells three different types of stained glass windows: small, medium, and large. Elina has two full-time employees who work regular schedules to cut glass and assemble the windows. She borrowed money from the bank to start the business and pay living expenses. She is concerned that her cash ows might not be high enough either to pay herself or to repay the bank loan. She would like to generate approximately 10,000 in pretax earnings each month to cover her living expenses and repay the loan. The following revenue and cost information covers the past four months: Revenues 9,050 10,531 12,946 16,116 Raw materials and supplies 1,745 2,433 3,074 4,029 Labour 3,880 4,041 4,246 4,282 Rent 2,000 2,000 2,000 2,200 Miscellaneous 525 701 747 793 Prot 900 1,356 2,879 4,812 Develop a cost function for Elina's Stained Glass. (Round answers to 0 decimal places, e.g. 15 or 15%.) Cost function: Total Cost _ + % of revenues LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Develop a cost function for Elina's Stained Glass. (Round answers to 0 decimal places, e.g. 15 or 15%.) Cost function: Total Cost _ + % of revenues | LINK To TEXT | l LINK To TEXT | | LINK To TEXT | 'VLINK To TEXT l lVLINK To TEXT Determine the level of revenue Elina's Stained Glass must generate to achieve the targeted profit of 10,000 per month. (Round answer to 0 decimal places, e.g. 125.) Level of revenue for targeted profit | LINK To TEXT I l. LINK To TEXT | |- LINK To TEXT | 'LINK To TEXT l l LINK To TEXT Calculate Elina's degree of operating leverage for September. (Round to 2 decimal places, e.g. 15.25.) Degree of operating leverage | LINK To TEXT | l LINK To TEXT | | LINK To TEXT | 'VLINKTO TEXT l {LINK TO TEXT