Question $1$: The following monthly budgeted data are available for a company:

Product A

Product B

Product C

Sales

$$500,000$

$$400,000$

$$1,000,000$

Variable expenses

$$200,000$

$$210,000$

$$720,000$

Contribution margin

$$200,000$

$$90,000$

$$180,000$

The company has budgeted operating income for the month is $$350,000$ from these three products.

Submission instructions:

a$)$ Calculate the break$-$even sales $($in total dollars$)$ for the month

b$)$ Calculate the margin of safety $($in total dollars$)$

c$)$ Calculate the degree of operating leverage.