Swifty Corporation has sales of $1800000, variable costs of $900000, and fixed costs of $500000. Swiftys degree of operating leverage is

1.00.

2.25.

1.80.

1.18.

Swifty Corporation has sales of $1800000, variable costs of $900000, and fixed costs of $500000. Swiftys degree of operating leverage is

1.00.

2.25.

1.80.

1.18.

In 2019, Vaughn Manufacturing sold 4400 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $240000. What was Vaughns 2019 net income?

$552000.

$792000.

$1848000.

$2640000.

If contribution margin is $140000, sales is $260000, and net income is $120000, then variable and fixed expenses are

Variable

Fixed

$120000

$20000

$120000

$140000

$20000

$120000

$400000

$140000