Question 37 The following is last month's contribution format income statement: Sales (8,000 units) $800,000...
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Accounting
Question 37 The following is last month's contribution format income statement: Sales (8,000 units) $800,000 Less: variable expenses 500,000 Contribution margin 300,000 Less: fixed expenses |200,000 Operating income $100,000 What is the company's degree of operating leverage? 3.0. 8.0. 0.125. 0.333
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