QUESTION 5 Jakarta Company is a service firm with current service revenue of $355,000 and a 32% contribution margin. Its fixed costs are $65,000. Maldives Company has current sales of $6,620,000 and a 40% contribution margin. Its fixed costs are $1,770,000. Create the contribution margin income statement for both companies at current sales levels and at breakeven. Calculate the Margin of Safety and Margin of Safety Percentage for each company. Round to the nearest whole dollar unless otherwise specified. Jakarat Maldives Jakarta Current Maldives current Break Even Break-even Sales $ 355,000 $ $ 6,620.000 Variable Costs $ 241,400 $ $ 3,972,000 $ Contribution Margin $ 113,600 $ $ 2,648,000 $ Fixed Costs $ 65,000 $ $ 1,770,000 $ Operating Income $ 48,600 $ $ 878,000 $ $ $ Margin of Safety Margin of Safety 96 (round to one decimal place) 96 96 Compare the margin of safety in dollars between Jakarta and Maldives. Which is stronger? Compare the margin of safety percentage between Jakarta and Maldives. Which is stronger? Compute the degree of operating leverage for both companies. Round to 2 decmial places. Jakarta Maldives Which company. Jakarta or Maldives, will benefit most from a 15% increase in sales