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S20-15 (similar to)Question Help

Sillytime

Sillytime Park competes with Cool

Cool World by providing a variety of rides. Sillytime

Sillytime Park sells tickets at $ 100

$100 per person as aone-day entrance fee. Variable costs are $ 60

$60 perperson, and fixed costs are $ 254 comma 000

$254,000 per month. The breakeven number of tickets is 6 comma 350

6,350. If Sillytime

Sillytime Park expects to sell 7 comma 350

7,350 tickets, compute the degree of operating leverage(round to two decimalplaces). Estimate the operating income if sales increase by 20

20%.

Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Sillytime

Sillytime Park. (Round the degree of operating leverage to two decimalplaces, X.XX.)

/

=

Degree of operating leverage