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GP-m4 Company produces a single product that it sells for $725 per unit. The costs of producing this product include direct materials and direct labor,
GP-m4 Company produces a single product that it sells for $725 per unit. The costs of producing this product include direct materials and direct labor, both variable costs, at a total of $250 per unit and an overhead cost, which is a mixed cost. Information about the overhead cost for the past seven months appears below: Month Units Sold Overhead Cost March 367 $109,470 April 346 $104,330 May 388 $115,080 June 354 $106,420 July 371 $110,810 August 342 $103,120 September 359 $107,490 GP-m4 Company expects to sell 382 units during October. GP-m4 Company's expected degree of operating leverage for October would be closest to:
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