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The following data relates to the GuideMvTrio Co.. The combanv produces and sells a travel Required: Part 1: Calculate the following: a. Contribution margin per guidebook b. Contribution margin ratio c. Breakeven point in units Part 2: Assume the company sells the following amount of guidebooks next month: 12,266 Calculate the following: a. Total contribution margin b. Total operating income c. Margin of safety in units d. Degree of Operating leverage e. Assume you have been hired as a senior accountant and one of your tasks is to explain accounting concepts to the junior accountant (the junior accountant has asked questions below). In order to earn marks you must use your answers from above, it must be in your own words and be specific to GuideMyTrip Co. Generic answers will not be awanded marks. As a reminder this is a closed book exam. (4 marks) Junior accountant questions I thought margin of safety was the extra amount of money that we keep in the bank to cover unexpected expenses. Is this correct? Our manager tells me it has something to do with decision making but I dont get it. Help! Senior accountant explanation (youl) Read the instructions abovel What exactly is degree of operating leverage? I get how to calculate it, but I don't know what the number means. is it how much money we ve borrowed to buy sssets? Or does it tell us something about risk or

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