Theodora Patel makes stuffed teddy bears. IRecent information for her business follows: Selling price per bear $32.50 Total fixed cost per month $1,400.00 Variable cost
Theodora Patel makes stuffed teddy bears. IRecent information for her business follows:
Selling price per bear $32.50
Total fixed cost per month $1,400.00
Variable cost per bear $22.50
Determine the degree of operating leverage if she sells 350 bears this month. (Round your answer to 2 decimal places)
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Authors: Steven A. Finkler, David M. Ward, Thad Calabrese
3rd Edition
1284124932, 9781284124934
