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ABC Candies income statement for last month is given below. What is ABC degree of operating leverage? Sales $350,000 Variable expenses 175,000 Contribution margin 175,000
ABC Candies income statement for last month is given below. What is ABC degree of operating leverage?
Sales $350,000 Variable expenses 175,000 Contribution margin 175,000 Fixed expenses 150,000 Operating income $ 25,000
A1.0
B2.0
C3.5
D7.0
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Fundamental Managerial Accounting Concepts
Authors: Edmonds, Tsay, olds
6th Edition
978-0078110894
