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Ch. 5- Ade, Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6800 units)
Ch. 5- Ade, Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6800 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 408,000 299,200 108,800 87,900 $ 20,900 What is the companies degree of operating leverage: 3.75 5.21 4.21 0.19
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