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Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 1,400 quilts during the coming year. Her average sales price per quilt
Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 1,400 quilts during the coming year. Her average sales price per quilt is $300, and her average cost per quilt is $100. Her foxed expenses total $210,000. Compute Sue's operating leverage actor a an expected sales level o 400 quits. sales volume increases 10% by what percentage wil her operating income change? Prove your answer by calculating operating incom eat a sales, our eof 1,400 and at a sales volume of 1,540 Compute her operating leverage factor. (Round your answer to two decimal places.) First, identify the formula, then compute the operating leverage factor. Contribution marginOperating income Operating leverage factor
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