Luxury Lamps has variable expenses of 50% of sales and monthly fixed expenses of $180,000. The monthly target operating income is $45,000. What is Luxury Lamps's operating leverage factor at the target level of operating income?
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Luxury lamps has variable expenses solve this accounting questions
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- Please solve this question general accountingMatthew’s Fish has a monthly target operating income of $6,800. Variable expenses are 70% of sales and monthly fixed expenses are $1,380. What is Matthew’s operating leverage factor at the target level of operating income?PB&J Eatery has a monthly target operating income of $8,400. Variable expenses are 60% of sales and monthly fixed expenses are $12,600. What is PB&J Eatery's operating leverage factor at the target level of operating income? Round answer to one decimal place. Answer:
- What is the degree of operating leverage for this accounting question?The X Corp income statement resembles the following after 35,000 units were sold in 2020. Sales = $420,000 / $12 per unit Variable = $192,500 / $5.5 per unit Contribution Margin = $227,500 / $6.5 per unit Fixed Expense $110,000 Net Op Income $117,500 A. What is X Corp. breakeven point in units and dollars? B. What is X Corp. margin of safety in %, units, and dollars?Please give me answer Accounting question
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