Mathieu Manufacturing had a 1.25 operating leverage factor when sales were $50,000. Mathieu Manufacturings contribution margin ratio

Question:

Mathieu Manufacturing had a 1.25 operating leverage factor when sales were $50,000.
Mathieu Manufacturing’s ratio was 20%. What were Mathieu Manufacturing’s fixed expenses?
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...