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Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per UnitPercentSales price$400100.00Variable costs20751.75Unit contribution margin$19348.25 Assume that
Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data:
Per UnitPercentSales price$400100.00Variable costs20751.75Unit contribution margin$19348.25
Assume that Staley Co. is currently selling 530 computer monitors per month and monthly fixed costs are $79,100.
What is Staley Co.'s degree of operating leverage (DOL) at this sales volume (i.e., at 530 units)? (Round your answer to three decimal places.)
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