Question: Mathieu Manufacturing had a 1.2 operating leverage factor when sales were $50,000. Mathieu Manufacturings contribution margin ratio was 20%. What were Mathieu Manufacturings fixed expenses?

Mathieu Manufacturing had a 1.2 operating leverage factor when sales were $50,000. Mathieu Manufacturing’s contribution margin ratio was 20%. What were Mathieu Manufacturing’s fixed expenses?

Check sum: Operating income is $8,333.

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