Question: Use operating leverage factor to find fixed costs (Learning Objective 5) Murray Manufacturing had a 1.25 operating leverage factor when sales were ($ 50,000). Murray

Use operating leverage factor to find fixed costs (Learning Objective 5)

Murray Manufacturing had a 1.25 operating leverage factor when sales were $\$ 50,000$. Murray Manufacturing's contribution margin ratio was $20 \%$. What were Murray Manufacturing's fixed expenses?

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