Question: Hupley Manufacturing had a 1 . 2 0 operating leverage factor when sales were $ 5 0 comma 0 0 0 . The company's contribution

Hupley Manufacturing had a 1.20 operating leverage factor when sales were
Hupley Manufacturing had a 1.20 operating leverage factor when sales were $ 50 comma 000. The company's contribution margin ratio was 30%. What were the company's fixed expenses?
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Part 1
Begin by identifying the formula to compute the operating income with the available data.
-:
=
Operating incomeHupley Manufacturing had a 1.20 operating leverage factor when sales were $50,000. The company's contribution margin ratio was 30%. What were the company's fixed expenses?
Begin by identifying the formula to compute the operating income with the available data.
= Operating income
$ 50 comma 000. The company's contribution margin ratio was 30%. What

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