Question
A firm sells a singe product for $35 per unit. This product costs the firm $29 in variable cost per unit. The firm also incurs
A firm sells a singe product for $35 per unit. This product costs the firm $29 in variable cost per unit. The firm also incurs $312,507 in fixed costs per period.
If the firm sells 105,278 units this period, what is its degree of operating leverage?
Round your answer to two decimal places.
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Auditing Cases An Interactive Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
3rd Edition
0131494910, 9780131494916
