Question: QS 5-22 (Algo) Computing and analyzing operating leverage LO A2 Singh Company reports a contribution margin of $1,170,000 and fixed costs of $936,000. (0)

QS 5-22 (Algo) Computing and analyzing operating leverage LO A2 Singh Company

QS 5-22 (Algo) Computing and analyzing operating leverage LO A2 Singh Company reports a contribution margin of $1,170,000 and fixed costs of $936,000. (0) Compute its income (2) Compute its degree of operating leverage (3) If sales increase by 10%, what amount of income is expected? 1. Income 2. Degree of operating leverage 3. Amount of expected income if sales increase by 10%

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