question archive Assume the following information relates to Deluxe Company Limited: ? Total quantity of products sold: 1,000,000 ? Sale Price: $12 each
Assume the following information relates to Deluxe Company Limited: ? Total quantity of products sold: 1,000,000 ? Sale Price: $12 each
Subject:FinancePrice: Bought3
Assume the following information relates to Deluxe Company Limited:
? Total quantity of products sold: 1,000,000
? Sale Price: $12 each.
? Total fixed cost: $1,600,000.
? Variable cost: $0.20 per unit
Required:
Calculate and interpret the operating leverage for the company.
