Pattavina company installs deck railings the companyrsquos, Financial Accounting

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Pattavina company installs deck railings the companyrsquos

Pattavina Company installs deck railings. The company’s most recent monthly contribution format income statement appears below:

Sales: $600,000 "% of Sales": 100%

Variable Expenses: $240,000 "% of sales": 40%

Contribution Margin: $360,000 "% of Sales": 60%

Fixed Expenses $270,000

Net Operating Income $90,000

Compute the company’s degree of Operating Leverage.

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Financial Accounting: Pattavina company installs deck railings the companyrsquos

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Financial Accounting: Pattavina company installs deck railings the companyrsquos

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