Westminster Co. reports the following data:
Sales 962,500 Variable costs 467,500
Contribution margin 495,000 Fixed costs 165,000 Income from operations 330,000
Determine Westminster Co.'s operating leverage.
Degree of operating Leverage... View the full answer
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Sales $962,500 Variable cost : $467,500 Contribution $495,000 (-) fixed cost $165,000 Net operating profit... View the full answer