Question: Operating leverage OBJ. 5 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
Operating leverage OBJ. 5 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.
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