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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $77.37. The variable cost per unit is

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $77.37. The variable cost per unit is $24.48, Poseidon Swim has average fixed costs per year of $6,112. Determine the degree of operating leverage for the level of production and sales 372 of swim trunks. Round the answer to two decimal places.

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