Question 16 2 pts Given: Revenue $1,000,000; COGS $850,000; Other variable costs $20,000; Interest expense $30,000 Overhead $80,000. Find: (i) Contribution margin %, (ii) Operating margin %. (i) 15%; (ii) 5% 13% (ii) 10% 13%; (ii) 5% None of the above Question 17 2 pts You currently pay $70 for each unit, mark it up to $100, and earn $300,000 in gross margin annually. If you cut the price by 5%, by what percent must your quantity sold increase to maintain the same annual gross margin dollars? 5.00% 5.26% 20.00% None of the above