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Kyle Inc. sells tennis rackets and has the following operating information for the past year: Sales $ 150,000 Variable expenses 90,000 Contribution margin 60,000 Fixed
Kyle Inc. sells tennis rackets and has the following operating information for the past year:
| Sales | $ 150,000 |
| Variable expenses | 90,000 |
| Contribution margin | 60,000 |
| Fixed expenses | 36,000 |
| NOI | $ 24,000 |
The degree of operating leverage for Kyle is:
4.17
3.125
6.25
2.5
3.75
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
