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The July contribution format income statement of Doxtater Corporation appears below: Sales $ 564,400 Variable expenses 312,800 Contribution margin 251,600 Fixed expenses 193,800 Net operating
The July contribution format income statement of Doxtater Corporation appears below:
| Sales | $ | 564,400 |
| Variable expenses | 312,800 | |
| Contribution margin | 251,600 | |
| Fixed expenses | 193,800 | |
| Net operating income | $ | 57,800 |
The degree of operating leverage is closest to:
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The Auditor Quo Vadis
Authors: Mervyn King, Linda De Beer
1st Edition
1138496774, 978-1138496774
