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Determine the degree of operating leverage

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Reference no: EM13523209

Theodora Patel makes stuffed teddy bears. Recent information for her business follows:

Selling price per bear---------------$25.00
Total fixed cost per month--------1,500.00
Variable cost per bear--------------15.00

1. Determine the degree of operating leverage if she sells 350 bears this month. (Round your answer to 2 decimal places.)

Reference no: EM13523209

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