North wind Components' contribution format income statement for March is shown below: Item Amount Sales $500,000 Variable Expenses $300,000 Contribution Margin $200,000 Fixed Expenses $140,000 Net Operating Income $60,000 What is the degree of operating leverage (DOL) for North wind Components? A) 2.33 B) 3.00 C) 6.67 D) 2.00

North wind Components' contribution format income statement for March is shown below: Item Amount Sales $500,000 Variable Expenses $300,000 Contribution Margin $200,000 Fixed Expenses $140,000 Net Operating Income $60,000 What is the degree of operating leverage (DOL) for North wind Components? A) 2.33 B) 3.00 C) 6.67 D) 2.00

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 11MC: Dixon Construction Materials has collected this information: Based on this Information, what is the...

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Operating leverage is closest