PB&J Eatery has a monthly target operating income of $10,500. Variable expenses are 60% of sales...
PB&J Eatery has a monthly target operating income of $10,500. Variable expenses are 60% of sales and monthly fixed expenses are $18,900.
What is PB&J Eatery’s operating leverage factor at the target level of operating income?
Round answer to one decimal place
Homework Answers
| Target operating income | 10500 |
| Add: Fixed expenses | 18900 |
| Required Contribution margin | 29400 |
| Contribution margin | 29400 |
| Divide by Operating income | 10500 |
| Operating leverage factor | 2.8 |
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