Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 30, 2024

If sales are $319,000, variable costs are 75% of sales, and operating income is $48,800, the operating leverage is a.1.6 b.1.2 c.0.0 d.4.9

If sales are $319,000, variable costs are 75% of sales, and operating income is $48,800, the operating leverage is

a.1.6

b.1.2

c.0.0

d.4.9

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: James Jiambalvo

5th edition

1118078764, 978-1118078761

More Books

Students also viewed these Accounting questions

Question

★★★★★

The Litzenberger Company has projected the following quarterly sales amounts for the coming year: a. Accounts receivable at the beginning of the year are $310. Litzenberger has a 45-day collection...

Answered: 1 week ago

Question

★★★★★

Read about leadership and cross-cultural training, practice with leadership styles and Hofstede's 5 cultural dimensions tutorial in the Learning Activities. Scenario: The KAP Resources Consulting...

Answered: 1 week ago

Question

★★★★★

The average August temperature in Exeter is 20C or 68F. The average January temperature in the same place is 9C or 48.2F. a. Write an equation linking Fahrenheit F and Celsius C in the form F = aC +...

Answered: 1 week ago

Question

★★★★★

We select cards from a pack of 52 cards and let X be the number of cards picked until the first queen is drawn. Find the probability function and the expected value of X.

Answered: 1 week ago

Question

★★★★★

You want to estimate the average SAT score for all students who took the Ethan-Davies SAT Preparation course during the past 2 years. You select a simple random sample of 100 such students from a...

Answered: 1 week ago

Question

★★★★★

Explain the importance of reference checking, describe strategies to make such checking effec - tive, and analyze the legal issues involved.

Answered: 1 week ago

Question

★★★★★

The IQ and VIQ are tools insurance producers use to learn more about internal assumptions regarding factors that ultimately control policy performance. They have information in all of the following...

Answered: 1 week ago

Question

★★★★★

In which IPv 4 class is the address 1 2 7 . 0 . 0 . 1 found? Class A

Answered: 1 week ago

Question

★★★★★

Choose an Emergency Support Function (ESF) of the National Response Framework. Describe the type of response scenario where the ESF would be utilized. Explain why....

Answered: 1 week ago

Question

★★★★★

The system below is used to raise heavy objects, via a hydraulic cylinder AB, and a roller at D. The roller at D is in contact with the ground and connected to member DCB via a frictionless pin....

Answered: 1 week ago

Question

★★★★★

Q-2) In order to comment on whether the design specifications are being matched or not, perform relevant hypothesis tests and calculate the p-value for each. What will you conclude? Assume you are...

Answered: 1 week ago

Question

★★★★★

A Cancer Testing Center has been presented with a proposal to offer a new diagnostic procedure that would require the purchase of a specialized piece of equipment.This piece of equipment offers...

Answered: 1 week ago

Question

★★★★★

For the dependent variable Y and the independent variables X1 and X2, the linear regression model is given by: Y=0.08059*X1-0.16109*X2+5.26570. Complete the following table: Actual Y X1 X2 Predicted...

Answered: 1 week ago

Question

★★★★★

XMVC A3. Suppose that constant mass overflow is valid instead of CMO. Explain how to carry out the Lewis and McCabe-Thiele procedures in this case. 2. Assume that you are planning to open a perfume...

Answered: 1 week ago

Question

★★★★★

As indicated by mutual fund flows, investors tend to beat the market seek safety invest in last year's winner invest in last years loser

Answered: 1 week ago

Question

★★★★★

write a final project report that presents an authoritative account of your research. LO3

Answered: 1 week ago

Question

★★★★★

write in such a way that you can reflect on all you have learned while conducting the research. LO3

Answered: 1 week ago

Question

★★★★★

plan and design an oral presentation of your report. LO3

Answered: 1 week ago

Previous Question Next Question