Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bristo Corporation has sales of 1,000 units at $60 per unit. Variable expenses are 40% of the selling price. If total fixed expenses are $26,000,

Bristo Corporation has sales of 1,000 units at $60 per unit. Variable expenses are 40% of the selling price. If total fixed expenses are $26,000, the degree of operating leverage is:

  • 2.40

  • 6.00

  • 2.57

  • 3.60

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting Fundamentals Essentials Concepts And Examples

Authors: Steven M. Bragg

7th Edition

1642210846, 978-1642210842

More Books

Students also viewed these Accounting questions

Question

Let X 1 ,X 2 , . . . , X n be iid N(0, ), 0 Answered: 1 week ago

Answered: 1 week ago

Question

Why is it important to prioritize your tasks and activities?

Answered: 1 week ago

Question

What are the challenges associated with tunneling in urban areas?

Answered: 1 week ago

Question

What are the main differences between rigid and flexible pavements?

Answered: 1 week ago

Question

What is the purpose of a retaining wall, and how is it designed?

Answered: 1 week ago

Question

How do you determine the load-bearing capacity of a soil?

Answered: 1 week ago

Question

what is Edward Lemieux effect / Anomeric effect ?

Answered: 1 week ago

Question

1. Who is your target audience? (everyone cannot be an answer here)

Answered: 1 week ago

Question

What problems have created the client's needs?

Answered: 1 week ago

Question

create simple design pieces exhibiting visual and rhetorical focus.

Answered: 1 week ago