Question
Scully Company incurs variable costs of 65% of sales and fixed costs of $276,640. If the company's margin of safety is $302,700, what is
Scully Company incurs variable costs of 65% of sales and fixed costs of $276,640. If the company's margin of safety is $302,700, what is the company's operating leverage? (Round your answer to two decimal places) a. 0.91 b. 1.09 c. 1.34 d. 2.41 e. 1.61 f. 3.61 g. 1.91 h. None of the above.
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Managerial Accounting
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