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Question 3 Steve's baked goods makes and sells cookies. At a production and sales level of 10,000 cookies, Steve has the following costs per

Question 3 Steve's baked goods makes and sells cookies. At a production and sales level of 10,000 cookies, Steve has the following costs per cookie: DM $.20 DL $.40 Var MOH $.50 Fix MOH $1 Steve has no variable selling and the only other costs are fixed at $5,000 per month. Steve sells cookies for $4 each. What is Steve's Operating Leverage (round to the nearest .01? 1 pts

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