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Singh Company reports a contribution margin of $ 1 , 2 0 5 , 0 0 0 and fixed costs of $ 9 6 4

Singh Company reports a contribution margin of $1,205,000 and fixed costs of $964,000.
(1) Compute its income.
(2) Compute its degree of operating leverage.
(3) If sales increase by 10%, what amount of income is expected?
1. Income
2. Degree of operating leverage
3. Amount of expected income if sales increase by 10%

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