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  3. 2. during the most recent fiscal period, cherokee

2. During the most recent fiscal period, Cherokee Company had sales of $80,000. Variable costs...

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Accounting

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2. During the most recent fiscal period, Cherokee Company had sales of $80,000. Variable costs are 20% of sales and fixed costs amounted to $48,000 for the year. -8 points Calculate the following: a. Contribution margin ratio b. Operating leverage c. Break-even sales in dollars d. Uising operaing leverage caleulate the opng profit i sales increase by 20% next year

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