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PROBLEM: United Snack Company sells 50-pound bags of peanuts to university dormitories for $56 a bag. The fixed costs of this operation are $568,800, while

PROBLEM: United Snack Company sells 50-pound bags of peanuts to university dormitories for $56 a bag. The fixed costs of this operation are $568,800, while the variable costs of peanuts are $0.33 per pound.

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c. What is the degree of operating leverage at 17,000 bags and at 22,000 bags? Note: Round your answers to 2 decimal places. d. If United Snack Company has an annual interest expense of $33,000, calculate the degree of financial leverage at both 17,000 and 22,000 bags. Note: Round your answers to 2 decimal places

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