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Theodora Patel makes stuffed teddy bears. Recent information for her business follows: Selling price per bear---------------$25.00 Total fixed cost per month--------1,500.00 Variable cost per bear--------------15.00
Theodora Patel makes stuffed teddy bears. Recent information for her business follows: Selling price per bear---------------$25.00 Total fixed cost per month--------1,500.00 Variable cost per bear--------------15.00 1. Determine the degree of operating leverage if she sells 350 bears this month. (Round your answer to 2 decimal places.) Degree of operating leverage:________
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