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Global Company has the following information available: Sales (80,000 units x $60 per unit) $4,800,000 Variable Costs (80,000 units X 3,120,000 $39 per unit)
Global Company has the following information available: Sales (80,000 units x $60 per unit) $4,800,000 Variable Costs (80,000 units X 3,120,000 $39 per unit) Contribution Margin $1,680,000 Fixed Costs 880,000 Net Income $800,000 (Note, you may enter your degree of operating leverage and change in net income as either a decimal, for example 3.00 or .54, or as a percentage, for example, 300% or 54%--if you type the answer in as a percentage, be sure to include the percent sign) 1. I expect the degree of operating leverage to be (type low or high) because there is a (type higher or lower) proportion of fixed costs to variable costs. 2. The degree of operating leverage is
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