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Trevor Inc. has been manufacturing a popular children's plush toy for over 25 years. The company has the following information available for the past year:
Trevor Inc. has been manufacturing a popular children's plush toy for over 25 years. The company has the following information available for the past year:
Units Sold | 70,000 |
Selling price per unit | $89.00 |
Variable costs per unit | $37.80 |
Fixed costs (total) | $2,835,000 |
Calculate the degree of operating leverage.
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