Q3.

Q4.

Beemer's sales are $500,000, variable costs are 75% of sales, and operating income is $50,000. The operating leverage is a. 0 b. 2.5 c. 7.5 d. 2.0 Bryce Co. sales are $950,000, variable costs are $498,130, and operating income is $196,000. What is the contribution margin ratio? a. 45.5% b. 54.5% c. 52.2% d. 47.6%