Golebiewski Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $150,000 112,500 37,500 35,250 $ 2,250 The margin of safety percentage is closest to: Multiple Choice 0 6% 0 75% 0 2% 0 24% Golebiewski Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $150,000 112,500 37,500 35,250 $ 2,250 The margin of safety in dollars is closest to: Multiple Choice 0 $2,250 $35,250 $37,500 0 $9,000 Which of the following is correct? The break-even point occurs on the CVP graph where: Multiple Choice total variable expenses equal total contribution margin. total contribution margin equals total fixed expenses. total profit equals total expenses. o o total profit equals total fixed expenses