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Jerrel Corporation sells a product for $230 per unit. The product's current sales are 24,000 units and its break-even sales are 17,280 units. What is the margin of safety in dollars? Multiple Choice $5,520,000 $1,545,600 $3,974,400 O $3,680,000 Bois Corporation has provided its contribution format income statement for January. $ Sales 426,400 Variable expenses 260,000 Contribution margin 166,400 Fixed expenses 120,900 Net operating income $ 45,500 If the company's sales volume increases by 7%, its net operating income should increase by about: Multiple Choice 26% O 7% O 66% O 11% Sebree Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 280,000 168,000 112,000 105,600 $ 6,400 The degree of operating leverage is closest to: Multiple Choice 0.06 o 17.50 O 43.75 0.02 Sebree Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 280,000 168,000 112,000 105,600 $ 6,400 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 5% increase in sales volume is closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 0.29% 87.50% 0.11% O 218.75%