Question 75 Reference: 04-04 The following data relate to a company that produces and sells a travel guide that is updated monthly: Fixed costs: Copy editing $6,000 Art work $2.000 Typesetting $72,000 Variable costs: Printing and binding $3.20 per copy Bookstore discounts 54.00 per copy Salespersons' commissions $0.50 per copy Author's royalties $2.00 per copy Each book sells for $20.00. The company sold 8,000 books in June and 10,000 books in July, What is the degree of operating leverage for July? Not determinable. Lower than that for June. The same as that for June. Higher than that for June