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A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold 360,000 Sales revenue $ 2,412,000 Variable manufacturing expense

A manufacturer of cedar shingles has supplied the following data:

Bundles of cedar shakes produced and sold 360,000
Sales revenue $ 2,412,000
Variable manufacturing expense $ 1,170,000
Fixed manufacturing expense $ 714,000
Variable selling and administrative expense $ 414,000
Fixed selling and administrative expense $ 82,000
Net operating income $ 32,000

The company's degree of operating leverage is closest to:

Multiple Choice

25.88

11.25

75.38

1.99

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