QUESTION 14 The monthly fixed costs at The Chateau are $125,000. The variable cost per room sold is $25. If 1,000 rooms are sold in June at an average selling price of $175 per room sold, what would be The Chateau's income (or loss) before taxes for the month? $5,000. $25,000 $50,000 $120,000. O $15,000 loss. QUESTION 15 If Events Incorporated has a high level of fixed costs relative to variable costs, it has: High operating leverage. Restructured deb service Break-even leverage. Low operating leverage. QUESTION 16 The is the excess of budgeted or actual sales over sales at breakeven. Contribution margin. Margin of safety. Sensitivity analysis. Weighted average contribution margin