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calebmullins201 calebmullins201
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5 years ago
If the contribution margin ratio is 0.60, targeted operating income is $95,000, and targeted sales volume in dollars is $530,000, then the degree of operating leverage is ________.
A) 0.30 times
B) 0.67 times
C) 3.35 times
D) 2.23 times
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
Authors:
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JodiasJodias
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5 years ago
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5 years ago
Helps a lot... Now I'm ready for my quiz
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