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Playtime Park competes with Splash World by providing a variety of rides. Playtime Park sells tickets at $70 per person as a one-day entrance fee.
Playtime Park competes with Splash World by providing a variety of rides. Playtime Park sells tickets at $70 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $258,300 per month. The breakeven number of tickets is 6,150. If Playtime Park expects to sell 7,150 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 20%. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Playtime Park. (Round the degree of operating leverage to two decimal places, X.XX.) Variable costs Degree of operating leverage
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