The degree of operating leverage (DOL) for Neptune Inc. and Ardent Ltd. are 2.3 and 4.9, respectively. Both companies have net incomes of $62,450. Determine margins. their respective contribution

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
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Problem 16E
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The degree of operating leverage (DOL) for
Neptune Inc. and Ardent Ltd. are 2.3 and 4.9,
respectively. Both companies have net incomes
of $62,450.
Determine
margins.
their
respective contribution
Transcribed Image Text:The degree of operating leverage (DOL) for Neptune Inc. and Ardent Ltd. are 2.3 and 4.9, respectively. Both companies have net incomes of $62,450. Determine margins. their respective contribution
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