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Question(s) / Instruction(s):

A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold 370,000 Sales revenue $2,830,500 Variable manufacturing expense $1,295,000 Fixed manufacturing expense $701,000 Variable selling and administrative expense $462,500 Fixed selling and administrative expense $80,000 Net operating income $292,000 The company's degree of operating leverage is closest to: a. 5.67 b. 1.67 c. 2.4 d. 3.67

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