QUESTION 7 Ronaldo, Inc. has a contribution margin ratio of 40%. This month, operating income was $90,000 and fixed costs were $50,000. How much was Ronaldo's sales revenue dollars? a. $350,000 $140,000 OC $233,333 Od. $210,000 QUESTION 8 The following monthly data is available for the Messi Company, maker of soccer balls, for the month of January: Selling price per unit = $40 Variable costs per unit = $25 Total fixed costs for January = $51,000 Actual sales for January = 5,000 units The margin of safety in dollars for the month of January for Messi Company is: a. $15,000 b. $1,600 c. OC $22,500 O d. $54,000 1.5 points Save Answer 1.5 points Save Answer