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Use photo below to answer questions 10) how many units must be sold to achieve target profit of $8400? 11) What is the margin of
Use photo below to answer questions
10) how many units must be sold to achieve target profit of $8400?
11) What is the margin of safety in dollars? What is the margin of safety percentage?
12) What is the degree of operating leverage (Round answer to 2 decimal places)
13) using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% in sales? (Round your answer to 2 decimal places )
14) Assume that the amounts of the companys total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $8,400 and the total fixed expenses are $21,000. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.)
15)Assume that the amounts of the companys total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $8,400 and the total fixed expenses are $21,000. Given this scenario and assuming that total sales remain the same, calculate the degree of operating leverage. Using the degree of calculated operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.)
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