14 1 point Hedman Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (9,000 units) 5270,000 Variable Expenses 202.500 Contribution Margin 67,500 Fixed Expenses 63.750 Net Operating Income 3.750 The margin of safety percentage is closest to 6% 7594 196 24% 15 0.5 points Cassius Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (7,000 units) $210,000 Variable Expenses 136.500 Contribution Margin 73,500 Fixed Expenses 67,200 Net Operating Income 6,300 The number of units that must be sold to achieve a target profit or 31,500 is closest to 9,400 units 42,000 units 16,400 units 35,000 units - 16 0.5 points Goodman Corporation has the Contribution Margin of $50,000 and Net Operating Income of $10,000. The degree of operating leverage is: + 5 - 2 3 2.67 1