A company has sales of $600,000, variable costs are 70% of sales, and operating income is $75,000. Calculate the operating leverage.
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- If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month, what is their degree of operating leverage? A. 0.18 B. 1.18 C. 2.4 D. 4.7If sales are $420,000, variable costs are 72% of sales, and operating income is $40,000, what is the operating leverage? QuestionIf sales are $420,000, variable costs are 72% of sales, and operating income is $40,000, what is the operating leverage? Right Answer
- If sales are $420,000, variable costs are 72% of sales, and operating income is $40,000, what is the operating leverage? Correct AnswerIf sales are $420,000, variable costs are 72% of sales, and operating income is $40,000, what is the operating leverage? General AccountIf sales are $420,000, variable costs are 72% of sales, and operating income is $40,000, what is the operating leverage?
- If sales are $325,000, variable costs are 75% of sales, and operating income is $45,600, what is the operating leverage? a. 1.3 b. 1.8 c. 0.0 d. 5.3Please given answer general accountingA firm’s contribution margin ratio is 18.4%. If the degree of operating leverage is 15.6 at the $223.1k sales level. Given this information, calculate the firm’s net operating income.
- If sales are $314,000, variable costs are 75% of sales, and operating income is $44,100, the operating leverage is Oa. 0.0 Ob. 5.3 Oc. 1.8 Od. 1.3HELPAt an output level of 19,500 units, you have calculated that the degree of operating leverage is 2.92. The operating cash flow is $66,300 in this case. Ignoring the effect of taxes, what are fixed costs? Provide answer