The degree of operating leverage is? Morse Company reports a totalcontribution margin of $112,000and pretax net income of $16,000for the current month. The degree ofoperating leverage is

Explanation of Total Contribution Margin: Total contribution margin is the difference between total…

Answered: Morse Company reports a total…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 22MC: If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month,...

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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 __. Ans
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 __.
Parker Company has provided the following data for the most recent year: net operating income, $33,000; fixed expense, $94,200; sales, $212,000; and CM ratio, 60%. What is the company's degree of operating leverage? A. 3.85 B. 1.35 C. 0.26 D. 0.60
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 ANSWER
If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month, what is their degree of operating leverage? A. 0.18 B. 1.18 C. 2.4 D. 4.7
If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month, what is their degree of operating leverage? 0.21 1.21 2.4 5.7
The degree of operating leverage is?
Alpha Corporation reported the following data for its most recent year: sales, $670,000; variable expenses, $420,000; and fixed expenses, $200,000. The company's degree of operating leverage is closest to: Multiple Choice O 5.00 2.70 2.00 13.00
Alpha Corporation reported the following data for its most recent year: sales, $1,000,000; variable expenses, $600,000; and fixed expenses, $300,000. The company's degree of operating leverage is closest to: Multiple Choice о О 20 3.3 0.25 о 4.0
The company's degree of opereting leverage?
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 Blossom

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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