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Chico's has sales of 14,700 units at a price of $20.03 per unit. The firm incurs fixed operating costs of $29,000 and variable operating costs
Chico's has sales of
14,700
units at a price of
$20.03
per unit. The firm incurs fixed operating costs of
$29,000
and variable operating costs of
$11.03
per unit. What is Chico's degree of operating leverage (DOL) at a base level of sales of
14,700
units?
The degree of operating leverage is
nothing.
(Round to two decimal places.)
Chico's has sales of 14,700 units at a price of $20.03 per unit. The firm incurs fixed operating costs of $29,000 and variable operating costs of $11.03 per unit. What is Chico's degree of operating leverage (DOL) at a base level of sales of 14,700 units? The degree of operating leverage is (Round to two decimal places.)Step by Step Solution
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