Multiple Choice
A firm has fixed operating costs of $650,000, a sales price per unit of $20, and a variable cost per unit of $13. At a base sales level of 500,000 units, the firm's degree of operating leverage is_________.
A) 1.11
B) 1.23
C) 1.07
D) 1.18
Correct Answer:
Verified
Correct Answer:
Verified
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