Question: QS 18-16 Operating leverage analysis LO A2 Singh Co. reports a contribution margin of $940,000 and fixed costs of $705,000. (1) Compute the companys degree

QS 18-16 Operating leverage analysis LO A2

Singh Co. reports a contribution margin of $940,000 and fixed costs of $705,000. (1) Compute the companys degree of operating leverage. (2) If sales increase by 15%, what amount of income will Singh Co. expect?

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