Question: Based on the following operating data, the operating leverage is (round your answer to 2 decimal places): Sales $ 1,550,000 Variable costs 456,000 Contribution margin
Based on the following operating data, the operating leverage is (round your answer to 2 decimal places):
| Sales | $ 1,550,000 |
| Variable costs | 456,000 |
|
| |
| Contribution margin | 1,094,000 |
| Fixed costs | 131,000 |
|
| |
| Income from operations | $ 963,000 |
|
|
1.42
1.61
1.14
0.42
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