Question: Based on the following operating data, the operating leverage is (Round your answer to 2 decimal places): Sales Variable costs Contribution margin Fixed costs Income
Based on the following operating data, the operating leverage is (Round your answer to 2 decimal places): Sales Variable costs Contribution margin Fixed costs Income from operations $750,000 389,000 361,000 139,000 $222,000 Multiple Choice 163 2.08 108 3.38
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
