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Seiersen Corporation's contribution format income statement for February appears below: Sales: 960,400 Variable Expense 568,400 Contribution Margin: 392,000 Fixed Expenses: 304,500 Net Operating Income: 87,500
Seiersen Corporation's contribution format income statement for February appears below:
Sales: 960,400
Variable Expense 568,400
Contribution Margin: 392,000
Fixed Expenses: 304,500
Net Operating Income: 87,500
The degree of operating leverage is closest to: A. 10.98 B. 0.22 C. 0.09 D. 4.48
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