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At the end of its fifth year of operation, Oates Tannery experienced the following: Revenue $1,200,000 Variable cost 480,000 Contribution margin 720,000 Fixed costs 320,000
At the end of its fifth year of operation, Oates Tannery experienced the following:
What is Oates Tannery's operating leverage?
| Revenue | $1,200,000 |
| Variable cost | 480,000 |
| Contribution margin | 720,000 |
| Fixed costs | 320,000 |
| Operating Income | 400,000 |
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Connect For Payroll Accounting 2020
Authors: Jeanette Landin
6th Edition
1260943895, 9781260943894
