Teague Co. reports the following data: Sales ......................................... $725,000 Variable costs ............................ 373,000 Contribution margin ............... $352,000

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Teague Co. reports the following data:

Sales ......................................... $725,000

Variable costs ............................ 373,000

Contribution margin ............... $352,000

Fixed costs .................................. 132,000

Income from operations ......... $220,000

Determine Teague Co.’s operating leverage.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Question Posted: Apr 19, 2021 12:49 AM

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Teague Co. reports the following data: Sales ......................................... $725,000 Variable costs ............................ 373,000 Contribution margin ............... $352,000

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