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Singh Co. reports a contribution margin of $744,000 and fixed costs of $496,000. (1) Compute the company's degree of operating leverage. (2) If sales increase
Singh Co. reports a contribution margin of $744,000 and fixed costs of $496,000. (1) Compute the company's degree of operating leverage. (2) If sales increase by 20%, what amount of income will Singh Co. report?
Degree of operating leverage: _______
percent change in income: ______
amount of income reported: ______
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