Question: Based on the following operating data, the operating leverage is (round your answer to 2 decimal places): Sales $ 1,450,000 Variable costs 352,000 Contribution margin

Based on the following operating data, the operating leverage is (round your answer to 2 decimal places):

Sales $ 1,450,000
Variable costs 352,000
Contribution margin 1,098,000
Fixed costs 154,000
Income from operations $ 944,000

1.32

1.54

0.32

1.16

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