Eugene's Environmental Consulting Service LLP had the following operating results last month: Service revenues amounted to $48,000,
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Eugene's Environmental Consulting Service LLP had the following operating results last month: Service revenues amounted to $48,000, variable costs were $22,080, and fixed costs were $9,600 for the month. Based on this information, compute the Total Contribution Margin, Contribution Margin Ratio, Operating income, Degree of operation leverage, and break-even point in dollars.
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118033890
3rd Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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