Jo-ann produces swimming trunks the average selling price, Financial Management

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Jo-ann produces swimming trunks the average selling price

Jo-Ann produces swimming trunks. The average selling price of one of its swimming trunks is $76.02. The variable cost per unit is $22.05, and Jo-Ann has average fixed costs per year of $6131. Determine the degree of operating leverage for the level of production and sales of 305 swim trunks. Please show your work.

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Financial Management: Jo-ann produces swimming trunks the average selling price

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Financial Management: Jo-ann produces swimming trunks the average selling price

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