$$lion corporation has provided its contribution former income statement for June. sales $121000$: variable expense $60500$: contribution margin $60500$: fixed expense $43700$: net operating income $16800.$

Required:

a$)$ compute the degree of operating level rate to two decimals. 

b$)$ using degree of operating leverage estimate the percent change in net operating income that shots result from an $18\%$ increase in sales.$$  

Answer rating: 100% (QA)

Answers a To calculate ... View the full answer