Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN: 9781337485913
Author: BROOKS
Publisher: Cengage
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General accounting question
Canyon Ridge Inc. has the following Contribution Margin Income
Statement:
Unit Selling Price: $520
•
Total Sales: $3,120,000
•
Variable Costs: $410 per unit
•
Total Variable Costs: $2,460,000
Fixed Costs: $540,000
Question:
At this level of activity, what is Canyon Ridge Inc.'s operating leverage
factor?
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