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Take me to the text The Chokolate shop has an operating income of $16,000. a) Calculate the degree of operating leverage for each of the
Take me to the text The Chokolate shop has an operating income of $16,000. a) Calculate the degree of operating leverage for each of the independent cases (assuming operating income is held constant): i. Contribution Margin is $52,000. ii. CM ratio is 43% and revenue is $141,000. iii. Selling price per unit is $34, variable costs per unit are $9 and it sold 5,000 units. Do not enter dollar signs or commas in the input boxes. Round contribution margin and operating income to the nearest whole number. Round the degree of operating leverage to 2 decimal place b) Which scenario has the largest degree of operating leverage? Scenario: Take me to the text The Chokolate shop has an operating income of $16,000. a) Calculate the degree of operating leverage for each of the independent cases (assuming operating income is held constant): i. Contribution Margin is $52,000. ii. CM ratio is 43% and revenue is $141,000. iii. Selling price per unit is $34, variable costs per unit are $9 and it sold 5,000 units. Do not enter dollar signs or commas in the input boxes. Round contribution margin and operating income to the nearest whole number. Round the degree of operating leverage to 2 decimal place b) Which scenario has the largest degree of operating leverage? Scenario
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