QUESTION 33 Steel Inc. has a contribution margin ratio of 35%. This month, profit was $20,650 and fixed costs were $19,600. How much was Steel's sales revenue? O a $14,087.5 Ob. $45,721 O c. $115,000 Od. $40,250 QUESTION 34 Wood Corp. has a selling price of $30 and variable costs of $20 per unit. When 14,000 units are sold, profits equaled $45.000. What is the margin of safety? O a $135,000 ob. $420,000 O c. $142,500 d. $75,000