Mandy's Candies' income statement for last month is given below.What is Mandy's degree of operating leverage?
$\begin{array}{lr}
\text { Sales } & \$ 350,000 \
\text { Variable expenses } & \underline{175,000} \
\text { Contribution margin } & 175,000 \
\text { Fixed expenses } & \underline{150,000} \
\text { Operating income } & \underline{\underline{\$ 25,000}}
\end{array}$

Question

Mandy's Candies' income statement for last month is given below.What is Mandy's degree of operating leverage?
 $\begin{array}{lr}
\text { Sales } & \$ 350,000 \
\text { Variable expenses } & \underline{175,000} \
\text { Contribution margin } & 175,000 \
\text { Fixed expenses } & \underline{150,000} \
\text { Operating income } & \underline{\underline{\$ 25,000}}
\end{array}$

Quizplus · Accepted Answer

The Answer of Mandy's Candies' income statement for last month is given below.What is Mandy's degree of operating leverage?
 $\begin{array}{lr}
\text { Sales } & \$ 350,000 \
\text { Variable expenses } & \underline{175,000} \
\text { Contribution margin } & 175,000 \
\text { Fixed expenses } & \underline{150,000} \
\text { Operating income } & \underline{\underline{\$ 25,000}}
\end{array}$

Mandy's Candies' Income Statement for Last Month Is Given Below