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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $64.22. The variable cost per unit is
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $64.22. The variable cost per unit is $26.04, Poseidon Swim has average fixed costs per year of $8,626. Determine the degree of operating leverage for the level of production and sales 465 swim trunks. Round the answer to two decimal places
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