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Portis, Inc. reprted sales of $8,000,000 for the month and incurred variable expenses totaling $5,600,000 and fixed expenses totaling $1,440,000. The company has no beginning
Portis, Inc. reprted sales of $8,000,000 for the month and incurred variable expenses totaling $5,600,000 and fixed expenses totaling $1,440,000. The company has no beginning or ending inventories. A total of $80,000 units were produced and sold last month. What is the company's degree of operating leverage?
A) 0.12
B) 0.4
C) 2.5
D) 3.3
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