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The August contribution format income statement of Carson Corporation appears below: Sales: $785,000 Variable expenses: $425,000 Contribution margin: $360,000 ⚫ Fixed expenses: $280,000 ⚫ Net operating income: $80,000 The degree of operating leverage is?

The August contribution format income statement of Carson Corporation appears below: Sales: $785,000 Variable expenses: $425,000 Contribution margin: $360,000 ⚫ Fixed expenses: $280,000 ⚫ Net operating income: $80,000 The degree of operating leverage is?

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 16E
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The August contribution format income statement of Carson Corporation appears below: Sales: $785,000 Variable expenses: $425,000 Contribution margin: $360,000 ⚫ Fixed expenses: $280,000 ⚫ Net operating income: $80,000 The degree of operating leverage is?
Transcribed Image Text:The August contribution format income statement of Carson Corporation appears below: Sales: $785,000 Variable expenses: $425,000 Contribution margin: $360,000 ⚫ Fixed expenses: $280,000 ⚫ Net operating income: $80,000 The degree of operating leverage is?
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