27. The margin of safety percentage is comp A. Break-even sales Total sales. B. Total sales Break-even sales C. (Total sales Break -even sales) Break-even sales. D. (Total sales- Break-even sales) Total sales puted as which a company's sales can decline before losses are incurred is caled the: A. contribution margin. B. degree of operating leverage. C. margin of safety D. contribution margin ratio. 29. The degree of operating leverage can be calculated as: A. contribution margin divided by sales gross margin divided by net operating income. C. net operating income divided by sales D. contribution margin divided by net operating income. 30. The January contribution format income statement of Brotherton Corporation appears below $179,800 Sales Variable expenses , 5490 Contribution margin.. 104,400 Flxed expenses...78 Net operating income... 328.70 75.700 The degree of operating leverage is closest to: A. 6.26 B. 0.27 C. 0.16 D. 3.64 31. Rickers Inc. produces and sells two products. Data concerning those products for the most recent month appear below Product V67G $45,000 Product 066C Sales.$40,000 $28,850 Variable expenses $12,800 The fixed expenses of the entire company were $38,940. The break-even point for the entire company is closest to: A. $80,590 B. $76,353 C. $38,940 D. $46,060 32. The difference between total sales in dollars and total variable expenses is called: A. net operating income. B. net profit. C. the gross margin. D. the contribution margin