Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
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Finch Co. has sales of 4,800 units at $97 per unit. Variable costs are 42% of the sales price. If total fixed costs are $132,000, the degree of operating leverage is_. a. 0.80 b. 1.96 c. 2.05 d. 2.40 help
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