Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?
Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 23MC: If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month,...
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Degree of operating leverage is?
![Accounting: [Operating leverage]
Pink Corporation has sales of
1,350 units at $55 per unit.
Variable expenses are 44% of the
selling price. If total fixed
expenses are $23,000, the degree
of operating leverage is?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa29ab5f5-32ef-45eb-a304-0e9404fcdc18%2F6a758d0f-8264-4782-8264-2bf252d730de%2Fspgsxk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Accounting: [Operating leverage]
Pink Corporation has sales of
1,350 units at $55 per unit.
Variable expenses are 44% of the
selling price. If total fixed
expenses are $23,000, the degree
of operating leverage is?
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