Question: Based on the following operating data, what is the operating leverage? Sales $600,000 Variable costs 240,000 Contribution margin $360,000 Fixed costs 160,000 Income from operations
Based on the following operating data, what is the operating leverage?
Sales $600,000 Variable costs 240,000 Contribution margin $360,000 Fixed costs 160,000 Income from operations $200,000 A. 0.8 B. 1.2 C. 1.8 D. 4.0 AppendixLO1
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