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Compute the degree of operating leverage for funtime park

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Reference no: EM132474427

Point 1: FuntimeFuntime Park competes with Splashy Splashy World by providing a variety of rides. FuntimeFuntime Park sells tickets at $ 100$100 per person as a? one-day entrance fee. Variable costs are $ 20$20 per? person, and fixed costs are $ 480 comma 000$480,000 per month. The breakeven number of tickets is 6 comma 6,000. If Funtime Park expects to sell 8,000 ?tickets, compute the degree of operating leverage? (round to two decimal? places). Estimate the operating income if sales increase by 10?%.

Question 1: Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Funtime Park.

Reference no: EM132474427

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