Question: Based on the following operating data, the operating leverage is (Round your answer to 2 decimal places) : Sales $ 1,050,000 Variable costs 393,000 Contribution

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

Sales

$

1,050,000

Variable costs

393,000

Contribution margin

657,000

Fixed costs

150,000

Income from operations

$

507,000

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