Color Rugs is holding a 2-week carpet sale at Jake's Club, a local warehouse store. Color Rugs plans to sell carpets for $700 each. The company will purchase the carpets from a local distributor for $420 each, with the privilege of returning any unsold units for a full refund. Jake's Club has offered Color Rugs two payment alternatives for the use of space. (Click the icon to view the additional information.) Requirements - X on margin per unit 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2. 2. At what level of revenues will Color Rugs earn the same operating income under either option? a. For what range of unit sales will Color Rugs prefer option 1? b. For what range of unit sales will Color Rugs prefer option 2? 3. Calculate the degree of operating leverage at sales of 60 units for the two rental options. 4. Briefly explain and interpret your answer to requirement 3. nearest whole number. Enter "O" for zero balances.) Ent Color Rugs is holding a 2-week carpet sale at Jake's Club, a local warehouse store. Color Rugs plans to sell carpets for $700 each. The company will purchase the carpets from a local distributor for $420 each, with the privilege of returning any unsold units for a full refund. Jake's Club has offered Color Rugs two payment alternatives for the use of space. (Click the icon to view the additional information.) Requirements - X on margin per unit 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2. 2. At what level of revenues will Color Rugs earn the same operating income under either option? a. For what range of unit sales will Color Rugs prefer option 1? b. For what range of unit sales will Color Rugs prefer option 2? 3. Calculate the degree of operating leverage at sales of 60 units for the two rental options. 4. Briefly explain and interpret your answer to requirement 3. nearest whole number. Enter "O" for zero balances.) Ent