The following information is available for the Bright and Raven Companies for 2023. Sales (200,000 units) Variable costs Contribution margin Fixed costs Bright Raven $2,100,000 $2,000,000 900,000 1,400,000 1,200,000 600,000 600,000 150,000 Net operating income $600,000 $450,000 Compute the operating leverage for each company. Record your answer to one decimal place, if necessary.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...
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Compute the operating leverage for each company. Record hour answer to one decimal place, if necessary.

The following information is available for the Bright and
Raven Companies for 2023.
Sales (200,000 units)
Variable costs
Contribution margin
Fixed costs
Bright
Raven
$2,100,000 $2,000,000
900,000 1,400,000
1,200,000 600,000
600,000
150,000
Net operating income $600,000 $450,000
Compute the operating leverage for each company.
Record your answer to one decimal place, if necessary.
Transcribed Image Text:The following information is available for the Bright and Raven Companies for 2023. Sales (200,000 units) Variable costs Contribution margin Fixed costs Bright Raven $2,100,000 $2,000,000 900,000 1,400,000 1,200,000 600,000 600,000 150,000 Net operating income $600,000 $450,000 Compute the operating leverage for each company. Record your answer to one decimal place, if necessary.
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