=+EX 21-24 Break-even and margin of safety relationships obj. 5 Varner Inc. and King Inc. have the following operating data:

Varner King Sales $300,000 $600,000 Variable costs 120,000 360,000 ________ ________ Contribution margin $180,000 $240,000 Fixed costs 120,000 80,000 ________ ________ Income from operations $ 60,000 $160,000 ________ ________ ________ ________