Question 1:3 A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold Sales revenue Variable manufacturing expense Pixed manufacturing expense Variable aelling and administrative expense Fixed selling and administrative expense Net operating income 360,000 $2,412,000 $1,170,000 714,000 414,000 $82,000 $ 32,000 The company's degree of operating leverage is closest to: 11.25 25.88 1.99 75.38