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Information for two companies follows: Sales Skittles Company $ 4,718,050 Contribution margin Fixed costs 3,278,050 2,659,550 Starburst Company $ 4,199,000 1,424,000 979,000 (1) Compute
Information for two companies follows: Sales Skittles Company $ 4,718,050 Contribution margin Fixed costs 3,278,050 2,659,550 Starburst Company $ 4,199,000 1,424,000 979,000 (1) Compute the degree of operating leverage (DOL) for each company. (2) Which company is expected to produce a greater percent increase in income from a 30% Increase in sales? Complete this question by entering your answers in the tabs below.
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