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George Company has sales of 1,500 units at $35 per unit. Variable expenses are 40% of the selling price. If total fixed expenses are $27,000,
George Company has sales of 1,500 units at $35 per unit. Variable expenses are 40% of the selling price. If total fixed expenses are $27,000, the degree of operating leverage is:
a) 1.75
b) 3.00
c) 7.00
d) 3.50
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