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United Snack Company sells 50-pound bags of peanuts to university dormitories for $56 a bag. The fixed costs of this operation are $568,800, while the
United Snack Company sells 50-pound bags of peanuts to university dormitories for $56 a bag. The fixed costs of this operation are $568,800, while the variable costs of peanuts are $0.33 per pound.
e. What is the degree of combined leverage at both a sales level of 17,000 bags and 22,000 bags? Note: Round your answers to 2 decimal placesStep by Step Solution
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