Problem 3 (Textbook Reference: P5-4) - Determine the margin of safety Refer to Problem 2 (textbook reference P5-3), scenarios a d. Bootleg Company's sales are $1,100,000. Determine the margin of safety in dollars for cases (a) through (d). a. Margin of safety (in dollars) b. Margin of safety (in dollars) c. Margin of safety (in dollars) d. Margin of safety (in dollars) Problem 4 (Textbook Reference P5-5) - Compute the level of sales dollars needed to achieve a specified level on income Refer to Problem 2 (textbook reference P5-3), scenarios a-d. Determine the level of sales dollars required to achieve a net income of $125.000 a. Sales dollars required to achieve net income of $125.000: b. Sales dollars required to achieve net income of $125.000: c. Sales dollars required to achieve net income of S125,000: d. Sales dollars required to achieve net income of S125.000 Problem 2 (Textbook Reference: P5-3) - Determine break-even point under varying assumptions The management of Bootley Company wants to know the break-even point for its new line of hiking boots under the following indenendent assumptions. The selling price is S50 per pair of boots unless otherwise stated. (Each nair of boots is one unit). Required: Compute the break-even point in units and sales dollars for each of the four independent cases. a. Fixed costs are $300,000; variable cost is $30 per unit. Break-even sales dollars Break-even units b. Fixed costs are $300,000; variable cost is $20 per unit. Break-even units Break-even sales dollars c. Fixed costs are $250,000; variable cost is $20 per unit. Break-even units Break-even sales dollars d. Fixed costs are $250,000; selling price is $40; and variable cost is $30 per unit. Break-even units Break-even sales dollars