CVP for companies with larger product diversity (analysis when unit information is not given) Suppose that Giant Eagle's total sales revenue is $5.75 billion. Cost of Goods Sold is $4.25 billion and operating expenses are $0.75 billion. Management has analyzed these costs and determined that they behave as follows: $0.50 billion are fixed and $4.50 billion are variable. Prepare Giant Eagle's Contribution Margin Income Statement. What is Giant Eagle's contribution margin percentage? Estimate operating income for a period in which total sales revenue is $6 billion. (Assume this fall in the same relevant range.) What is Giant Eagle's breakeven point? What is Giant Eagle's current margin of safety percentage? What is Giant Eagle's current operating leverage factor? If sales volume declines by 15%, by what percentage will operating income decline?