Cove’s Cakes is a local bakery. Price and cost information follows:           Price per cake $ 13.81   Variable cost per cake       Ingredients   2.33   Direct labor   1.19   Overhead (box, etc.)   0.16   Fixed cost per month $ 2,937.70             2. Assume that Cove sold 320 cakes last month. Calculate the company’s degree of operating leverage. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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