Question: E7-33A Use operating leverage factor to find fixed costs (Learning Objective 5) Popley Manufacturing had a 1.40 operating leverage factor when sales were $60,000. Popley

E7-33A Use operating leverage factor to find fixed costs (Learning Objective 5) Popley Manufacturing had a 1.40 operating leverage factor when sales were $60,000. Popley Manufacturing's contribution margin ratio was 35%. What were the company's fixed expenses

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a lack of participation in decision making and initiative by employees;

too much short-term, situational thinking, and a lack of long-term planning;

Exposure to market forces has focused attention on the cost of human resources as a high proportion of operating costs.