Morse Company reports a total contribution margin of $112,000 and pretax net income of $16,000 for the current month. The degree of operating leverage is __.
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Morse Company reports a total contribution margin of $112,000 and pretax net income of $16,000 for the current month. The degree of operating leverage is __.
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- Morse Company reports a total contribution margin of $112,000 and pretax net income of $16,000 for the current month. The degree of operating leverage is __. AnsThe degree of operating leverage is?Morse Company reports a total contribution margin of $112,000 and pretax net income of $16,000 for the current month. The degree of operating leverage is __. Accounting
- Morse Company reports a total contribution margin of $112,000 and pretax net income of $16,000 for the current month. The degree of operating leverage is __. No AI ANSWERAccounting. The operating levaragyis.Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating leverage. (2) If sales increase by 15%, what amount of income will Singh Co. expect?
- The degree of operating leverage is?The following CVP income statements are available for Wildhorse Corp. and Blossom, Inc. Wildhorse Corp. Blossom, Inc. Sales revenue $854,000 $854,000 * Variable costs 396,500 228,750 Contribution margin 457,500 625,250 Fixed costs 305,000 472,750 Net income $152,500 $152,500 (a) Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.g. 15.5.) Degree of Operating Leverage Wildhorse BlossomThe degree of operating leverage is