I want to correct answer general accounting The following data is provided for Blue Ridge Corporation:⚫ Sales Revenue (2,000 units @ $50) = $100,000. Variable Costs (2,000 units @ $30) = $60,000•Fixed Costs$20,000What is Blue Ridge Corporation's magnitude of operating leverage?a. 1.50b. 2.00c. 2.50d. 3.50

To calculate the magnitude of operating leverage (MOL), use the following formula: MOL =…

Answered: The following data is provided for Blue…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 23MC: If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month,...

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The following data is provided for Blue Ridge Corporation: ⚫ Sales Revenue (2,000 units @ $50) = $100,000 . Variable Costs (2,000 units @ $30) = $60,000 • Fixed Costs $20,000 What is Blue Ridge Corporation's magnitude of operating leverage? a. 1.50 b. 2.00 c. 2.50 d. 3.50