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Sales $516,000 Variable expenses 286,500 Contribution margin 229,500...

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Question

Accounting

Sales

$ $516, 000$

Variable expenses

$286, 500$

Contribution margin

$229, 500$

Fixed expenses

$201, 700$

Net operating income

$ $27, 800$

Required:

Compute the degree of operating leverage to two decimal places.

Group of answer choices

$6.85$

$8.26$

$7.88$

$3.90$

Answer & Explanation Solved by verified expert

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