Auditing: A Risk Based-Approach (MindTap Course List)
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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Compute the overhead cost
General Accounting 3.25.74-If sales are $420,000, variable costs are 72% of sales, and operating income is $40,000, what is the operating leverage? (a) 3.000 (b) 2.940 (c) 3.875 (d) 2.500. Answer
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