The Poseidon Swim COmpany produces swim trunks. The average selling price for one of their swim trunks is $67.37.
The Poseidon Swim COmpany produces swim trunks. The average selling
price for one of their swim trunks is $67.37. The variable cost per unit is $23.18, Poseidon Swim has average fixed costs per year of $6,292.
Determine the degree of operating leverage for the level of production and sales 484 swim trunks.
Round the answer to two decimal places.