Operating Leverage Snellville Co. reports the following data: Sales Variable costs Contribution margin Fixed costs $897,700 (610,400) $287,300 (227,400) $59,900 Operating income Determine Snellville Co.'s operating leverage. Round your answer to one decimal place.

Operating Leverage Snellville Co. reports the following data: Sales Variable costs Contribution margin Fixed costs $897,700 (610,400) $287,300 (227,400) $59,900 Operating income Determine Snellville Co.'s operating leverage. Round your answer to one decimal place.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Operating Leverage
Snellville Co. reports the following data:
Sales
Variable costs
Contribution margin
Fixed costs
$897,700
(610,400)
$287,300
(227,400)
$59,900
Operating income
Determine Snellville Co.'s operating leverage. Round your answer to one decimal place.
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A
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