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Based on the following operating data, the operating leverage is (Round your answer to 2 decimal places) : Sales $ 1,150,000 Variable costs 394,000 Contribution
Based on the following operating data, the operating leverage is (Round your answer to 2 decimal places):
Sales | $ | 1,150,000 | |
Variable costs | 394,000 | ||
Contribution margin | 756,000 | ||
Fixed costs | 151,000 | ||
Income from operations | $ | 605,000 | |
Multiple Choice
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1.52
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0.52
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1.90
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1.25
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