Question: points eElook References Modern Artifacts can produce keepsakes that will be sold for $80 each. Nondepreciation fixed costs are $1,000 per year, and variable costs

points eElook References Modern Artifacts can produce keepsakes that will be sold for $80 each. Nondepreciation fixed costs are $1,000 per year, and variable costs are $60 per unit. The initial investment of $3,000 will be depreciated straight-line over its useful life of 5 years to a nal value of zero, and the discount rate is 10%. a. What is the degree of operating leverage of Modern Artifacts when sales are $7,000? (Do not round Intermediate calculations. Round your answer to 2 declmal places.) Degree of operating leverage I I b. What is the degree of operating leverage when sales are $12,000? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Degree of operating leverage _ c. Why is operating leverage different at these two levels of sales? Degree of operating leverage is when prots are _ Check my work

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