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Please answer for me in your own word the below two accounting questions. No plagerism! 1. In regards to CVP Analysis, what is the Margin

Please answer for me in your own word the below two accounting questions. No plagerism!

1. In regards to CVP Analysis, what is the Margin of Safety? Also, what is Operating Leverage?

Be sure to present any formulas, as well as discuss the key points of each item.

2. Will variable costing always result in a lower net operating income? Why?

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