Scully Company incurs variable costs of 65% of sales and fixed costs of $276,640. If the...

   

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Scully Company incurs variable costs of 65% of sales and fixed costs of $276,640. If the company's margin of safety is $302,700, what is the company's operating leverage? (Round your answer to two decimal places) a. 0.91 b. 1.09 c. 1.34 d. 2.41 e. 1.61 f. 3.61 g. 1.91 h. None of the above. Scully Company incurs variable costs of 65% of sales and fixed costs of $276,640. If the company's margin of safety is $302,700, what is the company's operating leverage? (Round your answer to two decimal places) a. 0.91 b. 1.09 c. 1.34 d. 2.41 e. 1.61 f. 3.61 g. 1.91 h. None of the above.

Answer rating: 100% (QA)

To calculate the operating leverage we need to use the following formula Operating Leverage Contribu... View the full answer