Question: Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 266,800 106,720 160,080 73,640

Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 266,800 106,720 160,080 73,640 $ 86,440 The degree of operating leverage is closest to:

Serfass Corporation's contribution format income statement for July appears below: The degree of operating leverage is closest to

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