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Consider the following summary modified income statement for Tech Inc.: Sales $519,000 Variable Operating Costs 274,000 Contribution Margin $245,000 Fixed Operating costs 125,000 Operating Income

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Consider the following summary modified income statement for Tech Inc.: Sales $519,000 Variable Operating Costs 274,000 Contribution Margin $245,000 Fixed Operating costs 125,000 Operating Income $120,000 Interest Expense 25,000 Net Income $95,000 Calculate Tech's degree of operating leverage. B D E 1 2 Degree of Operating Leverage = 3 4 6 7 GO 9 10

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