QUESTION 1 The margin of safety is the difference between: O actual sales and budgeted sales. O actual sales and break-even sales. O target sales and actual sales. O target sales and budgeted sales QUESTION 2 Degree of operating leverage is calculated as: O profit divided by contribution margin. O break-even sales divided by profit O profit divided by break-even sales. O contribution margin divided by profit QUESTION 3 Martol, Inc. has fixed costs of $200,000 and a contribution margin ratio of 40%. How much sales revenue must be earned for a profit of $80,000? 0 $140,000 0 $560,000 O $700,000 O $1,120,000