FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Acme Company has sales of 2,375 units at $40 per unit. Variable
expenses are 20% of the selling price. If total fixed expenses are
$66,000, the degree of operating leverage is:
O 1.90
O 9.50
O 2.07
O 7.60
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Transcribed Image Text:Acme Company has sales of 2,375 units at $40 per unit. Variable expenses are 20% of the selling price. If total fixed expenses are $66,000, the degree of operating leverage is: O 1.90 O 9.50 O 2.07 O 7.60
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