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Brief Exercise 9-20 [LO 9-5] May Clothing is a retail men's clothing store. May's variable cost is $49.60 per shirt and the sales price is
Brief Exercise 9-20 [LO 9-5] May Clothing is a retail men's clothing store. May's variable cost is $49.60 per shirt and the sales price is $174.40 per shirt. May plans to sell 190,000 shirts for the year and, at this level, would generate a before-tax profit of $3,040,000. What is the degree of operating leverage (DOL) at this volume level? (Round your answer to 1 decimal place.) Degree of operating leverage (DOL)
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