Larimore Company sales are $560,000. The company has variable costs equal to 40% of sales and total fixed costs of $150,000.Required:What is the company's break-even point in sales dollars?Compute the company's operating leverage at its current sales level.Compute the percentage change in income that will accompany a 10% increase in sales.

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The Answer of Larimore Company sales are $560,000. The company has variable costs equal to 40% of sales and total fixed costs of $150,000.Required:What is the company's break-even point in sales dollars?Compute the company's operating leverage at its current sales level.Compute the percentage change in income that will accompany a 10% increase in sales.

Larimore Company Sales Are $560,000