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8 00:23:07 Serfass Corporation's contribution format income statement for July appears below. Sales variable expenses Contribution margin Fixed expenses Net operating income. $ 266,800
8 00:23:07 Serfass Corporation's contribution format income statement for July appears below. Sales variable expenses Contribution margin Fixed expenses Net operating income. $ 266,800 106,720 160,080 73,640 $ 86,440 The degree of operating leverage is closest to:
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
