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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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Posts: 3810
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8 years ago
Fancy Furniture has variable expenses of 40% of sales and monthly fixed expenses of $240,000. The monthly target operating income is $60,000. What is Fancy Furniture's operating leverage factor at the target level of operating income?
A) 1.25
B) 0.20
C) 5.00
D) 6.75
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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#1
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8 years ago
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bernie2981 Author
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#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
wrote...
#3
6 years ago
thano you
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