The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks
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Question:
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $78.78. The variable cost per unit is $25.52, Poseidon Swim has average fixed costs per year of $6,099. Determine the degree of operating leverage for the level of production and sales 342 swim trunks.
Round the answer to two decimal places.
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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