Boone Manufacturing had the following income statement: Description Sales Amount $64,000 Less: Variable costs $34,000 Contribution margin $30,000 Less: Fixed costs $18,000 Net income $12,000 Boone's operating leverage is
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- What is operating leverage for the info attached? 1.3, 2.7 or 6.7Boone's operating leverage is_.genow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Lo... r Operating Leverage Teague Co. reports the following data: Sales Variable costs Contribution margin Fixed costs $480,000 264,000 $216,000 175,200 $40,800 Income from operations Determine Teague Co.'s operating leverage. Round your answer to one decimal place.