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Contribution Margin Income Statement For Year Ended December 31 sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin
Contribution Margin Income Statement For Year Ended December 31 sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Income 1. Compute the company's degree of operating leverage. $ 2,160,000 1,728,000 $432,000 324,000 $ 108,000 2. If sales decrease by 5% in the next year, what will be the company's income? 3. Prepare a contribution margin income statement for the next year assuming sales decrease by 5%. Answer is not complete. Complete this question by entering your answers in The tabs below. Required 1 Required 2 Required 3 Compute the company's degree of operating leverage. Degree of operating leverage
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