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The following income statement is provided for Vargas, Inc . What is this company's magnitude of operating leverage? Sales levenue (2500 runts x $60 per

The following income statement is provided for Vargas, Inc

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What is this company's magnitude of operating leverage?

Sales levenue (2500 runts x $60 per unit) Cost of goods sold (variable; 2,500 units x $20 per unit) Cost of goods sokl (fixed) Grce;s margm Aclmmistratlve salaries Depreciation Supplies (2,500 umts x $4 per unit) Net urome 15QOOO (50,000) (8,000) 92,000 (42,000) (10,000) 30,000

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