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. ve & EXIT Check my w . Dana's Ribbon World makes award rosettes. Following is Information about the company Variable cost per rosette Sales price per rosette Total fixed costs per month $ 1.20 5.00 3800.00 Required: 1. Suppose Dana's would like to generate a profit of $1,020. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 1,520 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,520 rosettes. 4a. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1140 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit Complete this question by entering your answers in the tabs below. as If Dana's sells 1,520 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. (R your intermediate calculations to 2 decimal places and final answer to the nearest whole number. Round your Margin percentage to two decimal places (i.e. 0.1234 should be entered as 12.34%.)) Rosettes Margin of Safety (Units) Margin of Safety in Dollars Percentage of Sales % Req 1 Reg 2 Reg 3 Req 4A Reg 4B Calculate Dana's degree of operating leverage if it sells 1,520 rosettes. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.) Degree of Operating Leverage Ren? Rog AA > NEM erences eg 4 Reg 4 Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,140 units. intermediate calculations to 4 decimal places and final answer to 2 decimal places. (.e. 1234 should be entere Effect on Profit % Contribution Margin Income Statement For 1,140 Rosettes Contribution Margin Income from Operations