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The following is last month's contribution format income statement: Sales (15,000 Units) Less: Variable Expenses Contribution Margin Less: Fixed Expenses Operating Income $375,000 $225,000 $150,000

The following is last month's contribution format income statement: Sales (15,000 Units) Less: Variable Expenses Contribution Margin Less: Fixed Expenses Operating Income $375,000 $225,000 $150,000 $100,000 $ 50,000 What is the company's degree of operating leverage? 4.5 times 1.5 times 7.5 times 3 times

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