Problem 5-12 Break-even point and degree of leverage (LO5-2, 5-5] Healthy Foods Inc. sells 60-pound bags of grapes to the military for $15 a bag. The fixed costs of this operation are $99,000, while the variable costs of grapes are $0.15 per pound. a. What is the break-even point in bags? (Round your answer to 2 decimal places.) Break-even point bags b. Calculate the profit or loss (EBIT) on 12,000 bags and on 31,000 bags. Profit/Loss Amount Bags 12.000 31,000 c. What is the degree of operating leverage at 20,000 bags and at 31,000 bags? (Round your answers to 2 decimal places.) Bags Degree of Operating Leverage 20,000 31,000 d. If Healthy Foods has an annual interest expense of $7,000, calculate the degree of financial leverage at both 20,000 and 31,000 bags. (Round your answers to 2 decimal places.) Degree of Financial Leverage Bags 20,000 31,000 e. What is the degree of combined leverage at both 20,000 and 31,000 bags? (Round your answers to 2 decimal places.) Degree of Combined Leverage Bags 20,000 31,000