Managerial Accounting Exam Chapters 4-6 Spring 2022 2) Sun Corporation has provided the following contribution format income statement. All questions concem situations that are within the relevant range. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 250,000 162,500 87,500 71,750 $ 15,750 Required: a. What is the margin of safety in dollars? b. What is the degree of operating leverage