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4 points The CVP income statements for Bender Company and Fender Company are set forth below. Both companies provide consulting services to customers in the
4 points The CVP income statements for Bender Company and Fender Company are set forth below. Both companies provide consulting services to customers in the financial services sector BENDER COMPANY FENDER COMPANY Sales Variable costs Contribution margin Fixed costs Net income $500,000 $500,000 300.000 50,000 200,000 450,000 100,000 350,000 $100,000 $ 100,000 How much is the operating leverage for Fender Company? OA 4,5 times O2.2 times Oc5 times 001.1 mes
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