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View History Bookmarks Tools Window Help ? https:/ .Search 6 5/10 Total poln Submined The following income statement is provided for Vargas, Inc Sales revenue
View History Bookmarks Tools Window Help ? https:/ .Search 6 5/10 Total poln Submined The following income statement is provided for Vargas, Inc Sales revenue (3,500 units x $21.00 per unit) cost of goods sold (variable: 3,500 units $11.00 per unit) (38,500) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (3,500 units x $3.00 per unit) Net incone $ 73,500 5,000) 30,000 (7,000) (6,000) ed (10,500 6,500 What is this company's magnitude of operating leverage? Multiple Choice 377 Prov 1 of 10 Next > MacBook Pro
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