question archive Tom's Taxidermy has a monthly target operating income of? $25,000
Tom's Taxidermy has a monthly target operating income of? $25,000
Subject:AccountingPrice: Bought3
Tom's Taxidermy has a monthly target operating income of? $25,000. Variable expenses are? 75% of? sales, monthly fixed expenses are? $15,000, and the contribution margin is? $40,000. What is? Tom's operating leverage factor at the target level of operating? income? A. 0.63 B. 0.40 C. 1.60 D. 2.67
