Operating Leverage Snellville Co. reports the following data: Sales $675,600 Variable costs 432,400 Contribution margin $243,200 Fixed costs 180,800 Income from operations $62,400 Determine Snellville Company's operating leverage. Round your answer to one decimal place.

Operating Leverage Snellville Co. reports the following data: Sales $675,600 Variable costs 432,400 Contribution margin $243,200 Fixed costs 180,800 Income from operations $62,400 Determine Snellville Company's operating leverage. Round your answer to one decimal place.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Operating Leverage
Snellville Co. reports the following data:
Sales
$675,600
Variable costs
432,400
Contribution margin
$243,200
Fixed costs
180,800
Income from operations
$62,400
Determine Snellville Company's operating leverage. Round your answer to one decimal place.
耳 W
99+)

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