Question: Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $421,200 210,600 210,600 84,240 $

Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $421,200 210,600 210,600 84,240 $ 126,360 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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