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The July contribution format income statement of Dornell Corporation appears below: Sales 612,000 Variable expenses 338,500 Contribution margin 273,500 Fixed expenses 205,500 Net operating income 68,000 The degree of operating leverage is?

The July contribution format income statement of Dornell Corporation appears below: Sales 612,000 Variable expenses 338,500 Contribution margin 273,500 Fixed expenses 205,500 Net operating income 68,000 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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Variable expenses:338500, fixed expenses:205500

The July contribution format income statement of Dornell Corporation appears below: Sales 612,000 Variable expenses 338,500 Contribution margin 273,500 Fixed expenses 205,500 Net operating income 68,000 The degree of operating leverage is?
Transcribed Image Text:The July contribution format income statement of Dornell Corporation appears below: Sales 612,000 Variable expenses 338,500 Contribution margin 273,500 Fixed expenses 205,500 Net operating income 68,000 The degree of operating leverage is?
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