1. Operating Leverage Tucker Co. reports the following data: Sales $775,800 Variable costs (512,000) Contribution margin...
1. Operating Leverage
Tucker Co. reports the following data:
| Sales | $775,800 |
| Variable costs | (512,000) |
| Contribution margin | $263,800 |
| Fixed costs | (169,600) |
| Operating income | $94,200 |
Determine Tucker Co.’s operating leverage. Round your answer to one decimal place.
2. Margin of Safety
The Spector Company has sales of $890,000, and the break-even point in sales dollars is $640,800.
Determine the Spector company's margin of safety as a percent of current sales.
Homework Answers
1) Operating leverage = Contribution margin/Operating income
= 263,800/94,200
= 2.8
2) Margin of Safety percent
= (Sales - Breakeven sales)/Sales
= (890,000-640,800)/890,000
= 28%
Add Answer to:
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