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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $84.44. The variable cost per unit is

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $84.44. The variable cost per unit is $22.14, Poseidon Swim has average fixed costs per year of $5,685.

Determine the degree of operating leverage for the level of production and sales 381 swim trunks. The answer is 1.31. How do you get to that answer?

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