Question
Bristo Corporation has sales of 1,600 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expenses are $50,000,
Bristo Corporation has sales of 1,600 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expenses are $50,000, the degree of operating leverage is:
Multiple Choice
6.00
8.00
2.17 2.00
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
047116920X, 978-0471169208
