What is the company's degree of operating leverage? Note: Round your answer to 2 decimal places. Degree of operating leverage

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter4: Job Order Costing
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Problem 12PA: The following data summarize the operations during the year. Prepare a journal entry for each...
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What is the company's degree of operating leverage?
Note: Round your answer to 2 decimal places.
Degree of operating leverage
Transcribed Image Text:What is the company's degree of operating leverage? Note: Round your answer to 2 decimal places. Degree of operating leverage
Primare Corporation provided the following data for last month's manufacturing operations.
Purchases of raw materials
Indirect materials used in production
Direct labor
Manufacturing overhead applied to work in process
Underapplied overhead
Inventories
Raw materials
Work in process
Finished goods
Beginning Ending
$ 10,500 $ 18,600
$ 55,600 $ 68,100
$ 33,300 $ 43,600
$ 30,000
$ 4,950
$ 58,200
$ 87,100
$ 4,150
Transcribed Image Text:Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Raw materials Work in process Finished goods Beginning Ending $ 10,500 $ 18,600 $ 55,600 $ 68,100 $ 33,300 $ 43,600 $ 30,000 $ 4,950 $ 58,200 $ 87,100 $ 4,150
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