Mogadore Manufacturing had a 1.25 operating leverage factor when sales were $60,000. The company's contribution margin ratio

Question:

Mogadore Manufacturing had a 1.25 operating leverage factor when sales were $60,000. The company's ratio was 25%. What were the company's fixed expenses?
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...