Q.10 During the last accounting period, Carla vista corporation sold 96000 units at $45 each… During the last accounting period, Carla Vista Corporation sold 96,000 units at $45 each. The variable cost per unit was $20 per unit. Fixed costs totaled $1,100,000. What is the company's degree of operating leverage?- 1.80- 0.57- 1.85- 0.46

The contribution margin is calculated as difference between sales and variable costs. The operating…

Answered: During the last accounting period,…

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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During the last accounting period, Carla Vista Corporation sold 96000 units at $45 each. The variable cost per unit was $20 per unit. Fixed costs totaled $1100000. What is the company's degree of operating leverage? 1.80 0.57 1.85 0.46