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Assume total sales of $800000, total variable costs of $408000, and total fixed costs of $300000. Of these amounts $200000 of the variable costs are
Assume total sales of $800000, total variable costs of $408000, and total fixed costs of $300000. Of these amounts $200000 of the variable costs are product costs, and $100000 of the fixed costs are period costs. What is the degree of operating leverage?
A) 0.23
B) 8.70
C) 2.17
D) 4.26
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