During the most recent fiscal period, Kajing LTD had a contribution margin of $50,000 and an operating profit of $20,000 on sales of $80,000. Calculate Kajing's: a) operating leverage, and b) the amount of its profit for next year assuming sales increase to $96,000.
During the most recent fiscal period, Kajing LTD had a contribution margin of $50,000 and an operating profit of $20,000 on sales of $80,000. Calculate Kajing's: a) operating leverage, and b) the amount of its profit for next year assuming sales increase to $96,000.
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EB: During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of...
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