Team Spirt Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus varlabie expenses of $4,00 por carton of calendars. Of the variabie expense, 67% is cost of goods sold, while the remaining 335 , relates to variable operating expenses. The compary sels each carton of calendars for 512.00 . Read the reauirements Requirement 1. Compule the number of cartons of cahndars that Team Spint Calondars muat sell each month to breakeven. Team Spirt Calendars imprints calendass with colloge names. The company has fxed expenses of $1,095,000 each month plus variable expenses of $4.00 per carton of calendars. Of the varisbi expense, 67\% is cost of goods sold, while the remaining 33% telates to variable operating expenses. The company sels each carton of calendars for $1200. Road the reguirements. Requirement 3. Prepare the companys contribution margin income statement for June for sabs of 490,000 cartans of calendars: Requirement 4. What is June's margin of safety (in dollars)? What is the eperating leverage factor at this level of sales? Begin by delermining the formula. The margin of sulety is What is the operating leverage factor at this level of sales? Begin by delermining the formula. Team Spirt Calondars imprints calendars with colloge names. The company has freed expenses of $1,005,000 each month plus variable expenses of $4.00 per cartion of calendars. Of the variable expense, 67% is cost of goods sold, while the remaining 33% relates to variable operating expenses. The company sells each carton of calendars for $12.00. Read the reauirements. Contribution margin . Operating income = (Round the operating leverago factor to three decimal places.)