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Westminster Co. reports the following data: Sales $875,000 Variable costs 425,000 Contribution margin $450,000 Fixed costs 150,000 Income from operations $300,000 Determine Westminster Co.'s operating
Westminster Co. reports the following data:
| Sales | $875,000 |
| Variable costs | 425,000 |
| Contribution margin | $450,000 |
| Fixed costs | 150,000 |
| Income from operations | $300,000 |
Determine Westminster Co.'s operating leverage. Round your answer to one decimal place.
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Accounting For Inventory
Authors: Steven M. Bragg
1st Edition
1938910222, 9781938910227
