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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

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

Principles of Accounting Volume 2
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
Transcribed Image Text: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
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