Mathieu Manufacturing had a 1.2 operating leverage factor when sales were $50,000. Mathieu Manufacturings contribution margin ratio
Question:
Mathieu Manufacturing had a 1.2 operating leverage factor when sales were $50,000. Mathieu Manufacturing’s contribution margin ratio was 20%. What were Mathieu Manufacturing’s fixed expenses?
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Step by Step Answer:
To find the fixed expenses of Mathieu Manufacturing we can use the formula for operating leverage Op...View the full answer
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John Kimani
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Related Book For 
Managerial Accounting
ISBN: 9780135443446
4th Canadian Edition
Authors: Karen Braun, Wendy Tietz, Louis Beaubien
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