Based on the following operating data, what is the operating leverage? a. 0.8 b. 1.2 c. 1.8
Question:
Based on the following operating data, what is the operating leverage?
a. 0.8
b. 1.2
c. 1.8
d. 4.0
Transcribed Image Text:
Sales...... Variable costs Contribution margin..... Fixed costs..... Operating income.. $ 600,000 (240,000) $360,000 (160,000) $ 200,000
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c The operating leverage is 18 ...View the full answer
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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