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Serfass Corporation's contribution format income statement for July appears below: $339,900 Sales Variable expenses Contribution margin Fixed expenses Net operating income 152,955 76.480 $ 76,475
Serfass Corporation's contribution format income statement for July appears below: $339,900 Sales Variable expenses Contribution margin Fixed expenses Net operating income 152,955 76.480 $ 76,475 The degree of operating leverage is closest to Multiple Choice O O O
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