The Lee & Sons Company is considering a project with fixed costs of $243,000 and depreciation costs of $56,000. Variable
Posted: Sat Mar 19, 2022 5:55 pm
The Lee & Sons Company is considering a project with fixed
costs of $243,000 and depreciation costs of $56,000. Variable cost
is 69% of sales. Current sales are $1,116,900. Calculate the degree
of operating leverage.
a.
8.80
b.
1.37
c.
7.33
d.
1.14
e.
3.35
costs of $243,000 and depreciation costs of $56,000. Variable cost
is 69% of sales. Current sales are $1,116,900. Calculate the degree
of operating leverage.
a.
8.80
b.
1.37
c.
7.33
d.
1.14
e.
3.35