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Data for No Doubt, Inc. are as follows: Selling price per unit: $55 Variable cost per unit: $36 The fixed costs for the year total
Data for No Doubt, Inc. are as follows: Selling price per unit: $55 Variable cost per unit: $36 The fixed costs for the year total $375,000. The income tax rate is 35 percent. The expected sales volume for the year is 22,000 units. Compute the operating leverage factor
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