Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales price $ 490 100.00 Variable costs 317 64.69 Unit contribution margin $ 173 35.31 Assume that Staley Co. is currently selling 610 computer monitors per month and monthly fixed costs are $80,100. What is Staley Co.'s degree of operating leverage (DOL) at this sales volume (i.e., at 610 units)? (Round your answer to three decimal places.) Multiple Choice 4.422. 3.709. 4.934. 4.304. 4.150.

Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales price $ 490 100.00 Variable costs 317 64.69 Unit contribution margin $ 173 35.31 Assume that Staley Co. is currently selling 610 computer monitors per month and monthly fixed costs are $80,100. What is Staley Co.'s degree of operating leverage (DOL) at this sales volume (i.e., at 610 units)? (Round your answer to three decimal places.) Multiple Choice 4.422. 3.709. 4.934. 4.304. 4.150.

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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