Question 3 Allanta Chair Co. plans to produce and sell chairs. The projected data for producing a chair are as follows: Budgeted sales (in units) Selling price Variable costs Total fixd costs Income tax rate Desired profit after tax Required: 2,000 $40 $16 $36,000 30% $21,000 a) What is the contribution margin for each chair? b) How many chairs (per year) would it have to produce in order to break even? c) To eam an annual after-tax profit of $21,000, how many chairs would it have to sell/produce? d) Calculate Atlanta Co.'s margin of safety (MOS) in units if 2,000 units are sold as budgeted. Define what is meant by the MOS. e) Calculate Atlanta Co.'s degree of operating leverage (DOL) if 2,000 units are sold as budgeted. Define what is meant by the DOL For the toolhar nrace ALT+C10ney.