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

Nutley 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.
Contribution margin
Operating leverage factor
Operating income
Now identify the formula to compute the fixed expenses with the available data.
Contribution margin , Operating income , Fixed expenses
Fixed expenses were
Nutley Manufacturing had a 1.20 operating leverage factor when sales were

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