
Managerial Accounting
15th Edition
ISBN: 9781337912020
Author: Carl Warren, Ph.d. Cma William B. Tayler
Publisher: South-Western College Pub
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Operating Leverage
Haywood Co. reports the following data:
Sales | $6,160,000 |
Variable costs | (4,620,000) |
Contribution margin | $1,540,000 |
Fixed costs | (440,000) |
Operating income | $1,100,000 |
Determine Haywood Co.’s operating leverage. Round your answer to one decimal place.
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ISBN:9781337912020
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Publisher:South-Western College Pub