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Schlictor Company sells cordless razors for $50. Variable costs are 40% of sales and total fixed costs are $40,000. What is the firm's operating leverage
Schlictor Company sells cordless razors for $50. Variable costs are 40% of sales and total fixed costs are $40,000. What is the firm's operating leverage if 2,000 units are sold? A. $1 B. $2 C. $3 D. $4
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