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Hallderame Inc., produces and sells high quality products, with most sales recorded in locations across Eastern Ontario. For this current fiscal year 15,950 of their
Hallderame Inc., produces and sells high quality products, with most sales recorded in locations across Eastern Ontario. For this current fiscal year 15,950 of their products were sold, resulting in $587,740 of sales revenue, $123,500 of variable costs, and $51,800 of fixed costs. What is the total sales revenue that must be earned to achieve an operating income of $227,000 considering the details provided? Porter Ltd. has, for the last 17 years, been the main manufacturer of water testing kits. These kits are used in northern Canada to test the quality of drinking water. The company has the following information available for the past year: Units Sold 75,000 Selling price per unit $90.00 Variable costs per unit $40.20 Fixed costs (total) $2,812,500 Calculate the operating leverage factor
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