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The CVP income statements for Bender Company and Fender Company are set forth below. Both companies provide consulting services to customers in the financial services
The CVP income statements for Bender Company and Fender Company are set forth below. Both companies provide consulting services to customers in the financial services sector Sales Variable costs BENDER COMPANY FENDER COMPANY $500,000 300,000 $500,000 50,000 Contribution margin 200,000 450,000 Fixed costs 100,000 350,000 Net income $ 100,000 $ 100,000 How much is the operating leverage for Bender Company? OA5 times OB2 times OC1.67 times OD4 times
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