QUESTION 21 021-26 Nongshin Company expects to produce 120,000 instant noodles and sell 125,000 instant noodles in 2022. The budgeted sales price is $1 and the budgeted unit variable costs are $0.52 ($0.45 manufacturing and $0.07 selling and administrative). Budgeted total fixed costs are $26.400 (S21,600 manufacturing overhead and $4,800 selling and administrative). On January 1, 2022, there were 10,000 units (produced in 2021) in beginning inventories. For these 10,000 units, the unit variable costs are $0.45($0.40 manufacturing and $0.05 selling and administrative). Total fixed costs in 2021 are $20,330 ($17,120 manufacturing overhead and $3.210 selling and administrative). Nongshin produced 107,000 units in 2021. Nongshin uses FIFO method for its inventories. 021. Compute the breakeven point in units for 2022 under the budget. 51.000 53,000 55,000 57.000 QUESTION 22 022. Compute required sales in units if Nongshin's 2022 target profit is $24,000. 105,000 106,000 107,000 108,000 QUESTION 23 023. Compute the margin of safety in units for 2022 budget. 61,000 64.000 67.000 70,000 QUESTION 24 Q24. Compute Nongshin's operating income under absorption costing for 2022. $30,400 $31,400 $32,400 $33,400 QUESTION 25 Q25. Compute Nongshin's operating income under variable costing for 2022. $33,700 $33,900 $34,100 $34,300 QUESTION 26 Q26. Compute Nongshin's degree of operating leverage using the operating income under variable costing. Round to two decimal places. 1.77 1.80 1.83 1.86