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Question 4 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 15,000 cookies, Steve has the following

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Question 4 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 15,000 cookies, Steve has the following costs per cookie: DM $.30 DL $.50 Var MOH $.70 Fixed MOH for Steve is $12,000. Steve has no variable selling and the only other costs are fixed at $3,000 per month. Steve sells cookies for $4 each. Using Operating Leverage (rounded to the nearest .01, how much would Steve's income be if sales increased by 10% (round income to the nearest $.01).

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