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Roscoe Company reported the following operating results at the end of last year. Sales $500,000 Variable Expenses 200.000 Contribution Margin 300,000 Fixed Expenses 240.000 Operating
Roscoe Company reported the following operating results at the end of last year. Sales $500,000 Variable Expenses 200.000 Contribution Margin 300,000 Fixed Expenses 240.000 Operating Income $60,000 If sales increase 10%, operating income will (Hint: calculate operating leverage factor) increase 10% remain the same increase 25% increase 50%
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