Slu-Foote manufactures fancy socks. Each pair sells for $95. Variable cost per pair is $67 and the fixed cost is $1,320,000. The company sold 62,000 pair of socks.

Calculate the Degree of Operating Leverage.

Degree of Operating Leverage = 4.173 Times

Referring to Question 52, if sales increased by 13.25% then what would be the total dollar amount of profits for Slu-Foote?

Referring to Question 52, what would be the breakeven point in terms of the number of pairs of socks?

Referring to Question 52 & 54 what is the margin of safety in terms of dollars?