INTERMEDIATE ACCOUNTING WPNG MULTI-S
INTERMEDIATE ACCOUNTING WPNG MULTI-S
17th Edition
ISBN: 2818440096518
Author: Kieso
Publisher: WILEY
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A bakery business has variable expenses equal to 50% of sales and monthly fixed expenses of $150,000. The monthly target operating income is $50,000. What is the operating leverage factor at the target level of operating income?